Compass Commercial has been exclusively retained for the sale of 1141 Arapahoe Street in the city of Los Angeles. This fourplex is in the heart of Koreatown and in the Opportunity Zone. It is adjacent to Downtown LA, located just north of Pico Boulevard, south of Olympic Boulevard, east of Vermont Avenue, west of Hoover Street. This area has seen a dramatic change in the last years, with the addition of many new coffee shops, restaurants, retail stores, and new construction housing.
The property is made up of 5,034 square feet building, with approximately 7,000 square feet of lot area. This investment property offers a two story/town-home style, two units and two stacked units. The two town-home style units have 2 bedrooms and 2 bathrooms each, and two units are 2 bedrooms and 1 bathroom each. A detached building holds 4 one car garages. It's great for owner user to occupy one of the units and rent the others.
This fourplex features a great panoramic view of Hollywood Sign, and city lights. Conveniently located just minutes away from Downtown LA, Leo Politi elementary school, USC, LA Live, Convention Center, Staples Center, 10, 110, & 101 freeways.