• 1125 S Lake Street Los Angeles, CA 90006

  • $968,000
  • 9
    Bed(s)
  • 4
    Baths
  • 4,117
    Sq Ft
  • 8579
    Sqft
  • Listed By: Pablo Aspiazu, Homequest Real Estate, DRE #01446520
  • Source: CRMLS

BACK TO MARKET DownTown LA Area Welcome to this fantastic investment opportunity in the sought-after 90006 zip code This well-maintained residential income property boasts four spacious units, making it an ideal choice for both seasoned investors and those looking to start their real estate portfolio. Existing Floorplan 1st Floor: 1 unit (1/1) 2nd Floor: 2 units (2/1, 3/1) 3rd Floor: 1 unit (3/1) Living space 4,117 Lot size 8,579 Zoning R4 Currently, 1 tenant occupies a partial area of the 1st floor, there are plans/permits almost approved for a conversion of the 1st floor into 4 units utilizing the same footprint, for a total  of 7-units.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Unit No Unit Key Total Bath Total Bed Full Bath Half Bath
1 1045779645 1 3 1 0
2 1045779645 1 3 1 0
3 1045779645 1 2 1 0
4 1045779645 1 1 1 0

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Fireplace: None

Cooling Features

None

Air Conditioning

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1905

Building Area Total: 4,117

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1969

Lot Size Source: Assessor

Lot Size Square Feet: 8579

Listing Price Information

Original List Price: 968,000

Listing Contract Date: 2023-09-28

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5136017013

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C42 - Downtown L.A.

Postal Code Plus 4: 3622

Directions: S Olympic / Between Hooper and Alvarado

Zoning: LAR4

Source Property Type: Residential Income

Area: C42 - Downtown L.A.

Property SubType: Quadruplex

Building and Construction

Property Age: 119

Common Walls: No Common Walls

Structure Type: Quadruplex

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Levels or Stories: Three Or More

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1637 S Vermont Avenue, Los Angeles, CA,90006 $2,600,000 -- -- -- 12750 Sqft
1833 W Pico Boulevard, Los Angeles, CA,90006 $1,350,000 -- -- -- 6247 Sqft
980 S Oxford Avenue #403, Los Angeles, CA,90006 $770,000 3 2 1,324 15497 Sqft
1661 S Normandie Avenue, Los Angeles, CA,90006 $1,200,000 2 1 3,396 6208 Sqft
1421 Courtland Avenue, Los Angeles, CA,90006 $900,000 -- -- 2,087 3941 Sqft
1144 Elden Avenue, Los Angeles, CA,90006 $3,000,000 18 -- 9,758 7000 Sqft
1138 S Mariposa Avenue, Los Angeles, CA,90006 $1,499,000 8 -- 4,064 5904 Sqft
943 S Normandie Avenue #1, Los Angeles, CA,90006 $420,000 1 1 338 4140 Sqft
1217 S Kingsley Drive, Los Angeles, CA,90006 $890,000 3 -- 1,597 5899 Sqft
2746 W 14th Street, Los Angeles, CA,90006 $950,000 4 2 1,440 5435 Sqft

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ByOwner last updated this listing 05/16/2024 @ 16:08

MLS: PW23175818
LISTED BY: Pablo Aspiazu, Homequest Real Estate
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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