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).
AGENT: Jeremy Brown LISTING BROKERAGE: Brown RealtyThe 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).
Courtesy of Brown Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1935 Arapahoe
Los Angeles, CA
Property Details
Price:
$965,000
MLS #:
SR26015427
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c42downtownla
Listed Date:
Jan 21, 2026
Total Sq Ft:
5,502
Lot Size:
8,223 sqft / 0.19 acres (approx)
Year Built:
1904
C42 – Downtown L.a.C42downtownla
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Schools
Interior
Laundry Features
NO
Exterior
Common Walls
_2CW
Community Features
URB
Financial
Net Operating Income
$64,138
Map
Community
- Address1935 Arapahoe Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
