1125 Lake Street, Los Angeles

$968,000

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9 Beds
4 Baths
.2 Acre
0 Garage

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.

Essential Information

MLS® #
PW23175818
Price
$968,000
Bedrooms
9
Bathrooms
4.00
Acres
0.20
Year Built
1905
Type
Residential Income
Sub-Type
Quadruplex
Status
Active

Community Information

Address
1125 Lake Street
Area
C42 - Downtown L.A.
City
Los Angeles
County
Los Angeles
Zip Code
90006
Community Features
Sidewalks, Urban
Senior Community
N

Amenities

Pool
None

Interior

Cooling
None
Fireplaces
None
# of Stories
3
Stories
Three Or More

Additional Information

Date Listed
September 28th, 2023
Days on Market
227
Zoning
LAR4

Listing Details

Agent
Pablo Aspiazu
Office
Homequest Real Estate
Property History
Price Reduced from $998,000 to $968,000
Price Reduced from $1,068,000 to $998,000
Price Reduced from $1,198,000 to $1,068,000
Price Reduced from $1,268,000 to $1,198,000

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Properties for Sale Similar to 1125 Lake Street, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of May 14th, 2024 at 7:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.