1250 S Lake Street
Los Angeles, CA 90006
8,699Sqft(Lot)
Trust Sale. NO Court Confirmation required. For sale AFTER 41 years! Rare opportunity to own a Vacant lot approx. 8,699 sq. ft. in the heart of Koreatown, zoned LAR 4. Currently use as a parking lot (25 spaces) of the adjacent Apartment bldg. located at 1252 S. Lake St. (APN 5136-024-019), listed separately for $1.8MM. The adjacent apartment bldg. is approx. 12,960 SF on approx. 8,504 SF lot, zoned LAC2. 12 residential units + 6 commercial units. One of the commercial units is vacant and will be delivered vacant at COE. Separately metered for both gas and electricity for residential. Property need rehab and updating. Sold AS IS and WHERE IS with current tenants in place. Both properties to be sold together. Minutes away from Downtown LA, Staples Center, LA Live, Restaurants, major attracti
Property Details
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Map
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Features
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Bathroom Information
Total Baths: 0 Full Baths: 0 Half Baths: 0
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Lot Details
Lot Dimensions Source: Assessor Lot Size Acres: 0.1997 Lot Size Dimensions: 60x145 -
Lot Size Source: Assessor Lot Size Square Feet: 8699
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Listing Price Information
Original List Price: 700,000 Listing Contract Date: 2026-02-02 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5136024018
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 3610 Directions: North of Pico Blvd, South of Olympic Blvd, West of Alvarado St and East of Hoover St Zoning: LAR4 Source Property Type: Land Area: C42 - Downtown L.A.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 924 Park View Street S, Los Angeles, CA, 90006 | $6,500,000 | -- | -- | -- | 15,001 Sqft(Lot) |
| 1833 W Pico Boulevard, Los Angeles, CA, 90006 | $1,088,000 | -- | -- | -- | 6,247 Sqft(Lot) |
| 1637 S Vermont Avenue, Los Angeles, CA, 90006 | $2,499,000 | -- | -- | -- | 12,754 Sqft(Lot) |
| 1511 S New Hampshire, Los Angeles, CA, 90006 | $1,185,000 | -- | -- | -- | 6,290 Sqft(Lot) |
| 1121 Irolo Street, Los Angeles, CA, 90006 | $999,000 | -- | -- | -- | 5,905 Sqft(Lot) |
| 1125 Irolo Street, Los Angeles, CA, 90006 | $1,099,000 | -- | -- | -- | 5,905 Sqft(Lot) |
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ByOwner last updated this listing 06/23/2026 @ 15:23
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