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1508 Arapahoe Street

Los Angeles, CA 90006

4 beds
2 baths
1,716 sqft
6,354 sqft lot
$638 per sqft
1905 build
– on site

Welcome to 1508 Arapahoe St, a rare investment opportunity located in the heart of Los Angeles! This charming single-family residence is nestled in a highly desirable area with LARD1.5 zoning, making it a prime candidate for redevelopment or expansion. The property sits on a generous 6,351 sq ft lot, offering ample potential for creative investors or developers looking to maximize the land's high-density bonus building codes. The home features a functional layout, with 4 bedrooms and 2 bathrooms, and a cozy living space ideal for first-time homebuyers or those seeking an income-generating rental property. The large lot provides endless opportunities, whether you're envisioning a garden oasis, additional units, or a complete redevelopment. Ideal for property for an ADU and Mini-ADU. Conveniently located near shopping, dining, and entertainment options, this property is just minutes away from Downtown Los Angeles, Koreatown, and major freeways (110, 101 & 10), ensuring easy access to everything the city has to offer.

Listed By CRMLS_CA / David Haub / CalTerra Partners / 562-598-0796

Last checked: Checking… • Last updated Jan 15, 2025 •

MLS# PW25009715 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1905
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Wood Siding
Total Number Of Units:

1
Architectural Style:

Bungalow
Roof:

Shingle
Structure Type:

House
Stories Total:

2
Entry Level:

1
Basement:

Unfinished, Utility
Patio And Porch Features:

Porch
Patio:

1
Accessibility Features:

None
Common Walls:

No Common Walls

Interior

Features:

Granite Counters
Levels:

Two
Entry Location:

1
Kitchen Features:

Granite Counters, Remodeled Kitchen
Eating Area:

Dining Room
Flooring:

Carpet, Tile, Vinyl
Room Type:

All Bedrooms Up, Basement, Formal Entry
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

Yes
Fireplace:

Dining Room
Laundry:

Gas Dryer Hookup, Inside, Washer Hookup
Laundry:

1

Room Dimensions

Living Area:

1716.00

Location

Directions:

Cross Streets - Venice Blvd and S Hoover Street.
Latitude:

34.04502700
Longitude:

-118.28505400

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

LARD1.5
Lot Features:

0-1 Unit/Acre
Lot Size Area:

6354.0000
Lot Size Acres:

0.1459
Lot Size SqFt:

6354.00
Lot Size Source:

Assessor
View:

None
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

2211.10
Tax Lot:

16

Beds

Total Bedrooms:

4

Baths

Total Baths:

2
Bathroom Features:

Shower in Tub
Full & Three Quarter Baths:

1
Main Level Baths:

1
Full Baths:

1
Half Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5056009005

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

No
Cooling:

None

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Disposal, Gas Range, Range Hood
Included:

Yes

Schools

High School District:

Los Angeles Unified

The Community

Features:

Curbs, Sidewalks
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Driveway

Monthly cost estimate

Asking price

$1,095,000

Expense	Monthly cost
Mortgage	$5,863
Taxes	N/A
Insurance	$301
Utilities	$155 See report
Total	$6,319/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/15/25 Jan 15, 2025	Listed / Active	CRMLS_CA	$1,095,000

36% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $61k above asking price on average, but some went as high as $355k over asking price.

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This house located in Central LA, Los Angeles, CA 90006 is currently for sale for $1,095,000. 1508 Arapahoe Street is a 1,716 square foot house with 4 beds and 2 baths that has been on Estately for 0 days. 1508 Arapahoe Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 91, making it a walker’s paradise. This house is in the attendance area of West Adams Preparatory High School, Berendo Middle School, and Magnolia Avenue Elementary School.

Listing Courtesy of: CRMLS_CA and CalTerra Partners. Based on information from California Regional Multiple Listing Service, Inc. as of 15:41 on Jan 15.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.