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$999,500
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Property Description
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).
Full Property Details
Full Property Details for 1935 Arapahoe
General
- Price: $999,500
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR26015427
- Updated: 1/22/2026
- Days on Market: 20 days
- Added to Site: 20 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: C42 - Downtown L.A.
- County: Los Angeles
- Development Name: C42 - Downtown L.A.
- Driving Directions: Off of Hoover and Washington
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: ground
- Square Feet: 5,502
- Year Built: 1904
Unit Information
Unit 1
- Number of Units: 4
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1888
- Lot Size (Sq. Ft.): 8,223
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $181.66
- Price Per Unit: 142786
Listed by Brown Realty, Jeremy Brown
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Schools
Schools serving 1935 Arapahoe
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
John Adams Middle School, Los Angeles, CA 151 West 30th Street, Los Angeles, CA 90007 | 6-8 | 1.4 mi |
West Adams Preparatory High School 1500 West Washington Boulevard, Los Angeles, CA 90007 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1935 Arapahoe
Date
Details
Price
Change
Source
1/21/2026
Listed
$999,500
66.58%
MLS
10/24/2012
Sold
$600,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1935 Arapahoe
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,029
3%
$738,845
4%
2023
$9,701
4%
$710,157
2%
2022
$9,293
2%
$696,234
2%
2021
$9,155
-1%
$682,583
1%
2020
$9,235
4%
$675,585
2%
2019
$8,906
2%
$662,339
2%
2018
$8,741
3%
$649,353
2%
2017
$8,524
3%
$636,621
2%
2016
$8,285
1%
$624,139
2%
2015
$8,174
-1%
$614,765
2%
2014
$8,246
—
$602,724
—
2013
$8,231
—
$600,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1935 Arapahoe
1935 Arapahoe, Los Angeles, CA 90007 (MLS# SR26015427) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 1935 Arapahoe is currently listed for $999,500 and was received on January 21, 2026. Want to learn more about 1935 Arapahoe? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

