1218 Arapahoe St, Los Angeles, CA 90006

We are proud to exclusively present for sale a Development Opportunity in Koreatown that is ready to start entitlements. The 7,250 SF R3-1 Tier 2 lot, which backs up to an alley and is in an Opportunity Zone, is located just west of Downtown Los Angeles, with easy access to the Staples Center, USC, the 10 and 110 Freeways and more! WalkScore calls this area a Walkers Paradise, states that it has Excellent Transit and is Very Bikeable! Build a spacious 4Plex for speed and ease or a 16+/- Unit Apartment Building and make it the envy of the area! The existing building was damaged in a fire and will be delivered as-is at Close of Escrow. No RSO and No Need to Ellis!