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1847 Arapahoe Street
Retail/Office | Pico-Union
1847 Arapahoe Street
Los Angeles, CA 90006
1847 Arapahoe Street in Los Angeles, California. This unique investment offers complete flexibility for a value-add investor or owner/user to acquire a multi-tenant storefront retail/office asset with upside potential. The offering is comprised of 3,368 square feet of building on 9,410-square feet of land at the corner of Arapahoe Street and West Washington Boulevard. Current tenants are all on month to month leases.
Located west of Hoover Street and east of Vermont Avenue, this burgeoning neighborhood’s infrastructure has seen an unprecedented resurgence within the last few years. The property presents easy access to the 10 Freeway and is within minutes of Downtown Los Angeles. National tenants within immediate proximity include: Auto Zone, McDonalds, Pep Boys, and 7- Eleven. There is a CVS Pharmacy currently being built at the southwest corner of Hoover Street and West Washington Boulevard. The recent surge in development on the West Washington corridor has proven a dynamic demographic, dramatically increasing retail appeal and confidence in neighborhood welfare.
Property Highlights
- Price - $1,055,000
- Building - 3,368 SF
- Lot - 9,410 SF
- Zoned - LAC2
- Multiple Offers
- Sold $105,000 Over List Price