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$888,000
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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
- Sold For: $888,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SR26015427
- Added to Site: 223 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 Source: Assessor
- Lot Description: Rectangular Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $161.4
- Price Per Unit: 137857
Listed by Brown Realty, Jeremy Brown
Sold by New Venture Realty, Erik Hererra
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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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1935 Arapahoe
Date
Details
Price
Change
Source
7/20/2026
Sold
$888,000
-7.98%
MLS
4/06/2026
Price Reduced
$965,000
-3.45%
MLS
1/21/2026
Listed
$999,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1935 Arapahoe, Los Angeles, CA 90007 (MLS# SR26015427) is a Multi-Family property that was sold at $888,000 on July 20, 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.

