977 Arapahoe St, Los Angeles, CA 90006
977 Arapahoe St, Los Angeles, CA 90006
977 Arapahoe St, Los Angeles, CA 90006
977 Arapahoe St, Los Angeles, CA 90006
977 Arapahoe St, Los Angeles, CA 90006
977 Arapahoe St, Los Angeles, CA 90006
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$ 1,800,000
Est. payment | /mo

8,542 Sqft Lot


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$ 1,800,000
Est. payment | /mo
Save

8,542 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26873899

Lot Size 8,542 Sqft

Acres 0.1961

Property Description

( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. .Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR.The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI set-aside, while a100% affordable AHIP project reaches 78 units AHIP is the higher-yield path(envelope-limited), though every unit is income-restricted.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Exterior

Waterfront Description None

View Y/N No

View None

Building

Lot Description Value In Land, Single Lot, Resident Manager

Sewer In Connected and Paid, In Street

Water District, Meter on Property, Public

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Keller Williams Larchmont

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977 Arapahoe St