Apartment for sale in Southern California — $965,000. Priced attractively with clear value-add potential, this 7-unit multifamily property in Los Angeles consists of three separate early-1900s buildings situated on an oversized 8,223 sq ft lot, a notable footprint for th…
$965,000
1935 Arapahoe, Los Angeles, CA 90007
Priced attractively with clear value-add potential, this 7-unit multifamily property in Los Angeles consists of three separate early-1900s buildings situated on an oversized 8,223 sq ft lot, a notable footprint for the submarket. The property is currently operated with long-term, stable tenants, providing immediate in-place cash flow, while offering meaningful upside through renovation, repositioning, and/or redevelopment. The site layout and lot size present strong potential for a creative owner or developer to explore additional density, including ADUs or a potential ED1 development strategy (buyer to verify).
Listing updated: May 18, 2026 at 1:06 PM
Listed by: Jeremy Brown, Brown Realty
Source: CRMLS, MLS#: SR26015427, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
4/06/2026 Source: CRMLS, #SR26015427 | Price change | $965,000-3.5% |
| 1/21/2026Source: CRMLS, #SR26015427 | Listed for sale | $999,500 |
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