Zumper
modified
5+ Days Ago

Highlights

  • Pet Friendly
  • Laundry facility
  • Huge closet
  • On-site manager
  • Tile floors throughout
  • Water and trash paid
  • Extra storage in unit

Location

940 Arapahoe St, Los Angeles, CA 90006, USA|MacArthur Park
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Contact

Management

JV(213) PROPERTY MANAGEMENT

Leasing office

(844) 243-9656 ext. 2062

Property Overview

940 S Arapahoe St offers an overall positive rental experience with a Zumper expert rating of 8.8, highlighting its competitive pricing and strong value for money. The property features impressive amenities such as a laundry facility and extra storage, while its location is rated 9 out of 10 for convenience to local points of interest and schools. Overall, the combination of quality, transparency in management, and desirable features positions this property as an exceptional choice for prospective renters.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.8
Very Good
With a solid 8.8 out of 10 overall, 940 S Arapahoe St is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 940 S Arapahoe St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • Less expensive
  • Elevator

Great for

  • Pet owners

Floor plans

940 S Arapahoe St - 107Studio1 bath450 sqft$1,295 /moBeautiful Studio apartment. Just 5 minutes to Down Town Los Angeles. Great Building Located in the heart of Korea Town, great location, one block from Olympic Blvd. Steps from Coffee shops, market, shopping, entertainment, dining and more. Building has an on-site Manager, Laundry facility. NO PARKING. Incredibly charming vintage studio apartment, tile floors throughout, a huge closet and extra storage in unit. Water and trash paid. Call Monday to Friday from 9:00am to 5:00pm at 888 340 0707 ext 1000 to schedule your viewing.

Let's explore this property.

Amenities for 940 S Arapahoe St

Building

Cats OKDogs OK
ElevatorOnsite Laundry
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog policy

Allowed 
Limit-1

Cat policy

Allowed 
Limit-1

Required one-time fees

Security Deposit$0
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About 940 S Arapahoe St

HomeApartments in Los AngelesMacArthur Park 940 S Arapahoe St

Beautiful Studio apartment. Just 5 minutes to Down Town Los Angeles. Great Building Located in the heart of Korea Town, great location, one block from Olympic Blvd. Steps from Coffee shops, market, shopping, entertainment, dining and more. Building has an on-site Manager, Laundry facility, 1 Parking space, an spacious courtyard area. Incredibly charming vintage studio apartment, tile floors throughout, a huge closet and extra storage in unit. Water and trash paid. Call Monday to Friday from 9:00am to 5:00pm at 888 340 0707 ext 1000 to schedule your viewing.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.8
/10
Very Good
With a solid 8.8 out of 10 overall, 940 S Arapahoe St is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, 940 S Arapahoe St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 940 S Arapahoe St
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
940 S Arapahoe St offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
940 S Arapahoe St goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, 940 S Arapahoe St receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
940 S Arapahoe St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust 940 S Arapahoe St to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
940 S Arapahoe St provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

940 S Arapahoe St is great for:

Pet owners

  • Tile, vinyl or hardwood floors
  • 9 pet grooming services nearby
  • 14 pet supply stores near the property
  • 2 pet hospitals in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 940 S Arapahoe St compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.2 mile away
Less expensive
Studio units are cheaper than other similar listings nearby
Elevator
Improved accessibility features
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in MacArthur Park

studio apartments at 940 S Arapahoe St cost about 2% less than the average rent price for studio apartments in MacArthur Park.

Median rents as of Sep 6 2025.
MacArthur Park
Los Angeles
A table of studio rental data trends in Los Angeles
MonthMedian Rent
September 2023$1,835
October 2023$1,817
November 2023$1,796
December 2023$1,777
January 2024$1,785
February 2024$1,695
March 2024$1,712
April 2024$1,718
May 2024$1,750
June 2024$1,778
July 2024$1,816
August 2024$1,848
September 2024$1,848
October 2024$1,801
November 2024$1,814
December 2024$1,845
January 2025$1,848
February 2025$1,815
March 2025$1,810
April 2025$1,756
May 2025$1,745
June 2025$1,750
July 2025$1,750
August 2025$1,736
September 2025$1,700
A table of studio rental data trends in MacArthur Park
MonthMedian Rent
September 2023$1,446
October 2023$1,448
November 2023$1,448
December 2023$1,395
January 2024$1,395
February 2024$1,395
March 2024$1,395
April 2024$1,384
May 2024$1,361
June 2024$1,359
July 2024$1,350
August 2024$1,397
September 2024$1,367
October 2024$1,358
November 2024$1,350
December 2024$1,351
January 2025$1,355
February 2025$1,353
March 2025$1,357
April 2025$1,350
May 2025$1,329
June 2025$1,350
July 2025$1,331
August 2025$1,318
September 2025$1,317

Affordability calculator

Can I afford to live at 940 Arapahoe St?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$51,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,800 annually to afford this studio monthly rent price of $1,295.
For more information on rent affordability, visit our rent calculator.

Schools near 940 S Arapahoe St

Hoover Street Elementary School

2726 francis ave

los angeles, CA, 90005

K-5Public
B+

Sophia T. Salvin Special Education Center

1925 budlong ave

los angeles, CA, 90007

K-10Public

Marlton

4000 santo tomas dr

los angeles, CA, 90008

K-12Public

City of Angels

221 s eman ave

los angeles, CA, 90063

K-12Public
B

Charles Leroy Lowman Special Ed & Career Transition Center

12827 saticoy st

north hollywood, CA, 91605

K-12Public
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Internet available near 940 S Arapahoe St

Getting around Los Angeles near 940 Arapahoe St

Walking

8/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 940 Arapahoe St, Los Angeles

Groceries

10/10
Several grocery stores nearby

Shopping

10/10
Wide variety of shops within a few minutes' walk

Cafes

8/10
Variety of cafés within a few minutes' walk

Restaurants

9/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

6/10
Moderate amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

Explore the area around 940 Arapahoe St

Northgate Market
2323 W Olympic Blvd
Food 4 Less
1091 S Hoover St
Apulo Market
2612 W 8th St
Lee Sang
2612 W 8th St
Noh Chang Wook
2426 W 8th St

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