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Overview
- Updated On:
- April 19, 2024
Property Description
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.
Address: 1125 S Lake Street
City: Los Angeles
State/County: Los Angeles
Zip: 90006
Country: US
Open In Google Maps
Property Id : 145283
Price: $ 998,000
Property Lot Size: 0 ft2
AssociationFee: 0
BuildingAreaTotal: 4117
BuildingAreaUnits: SquareFeet
BuyerAgencyCompensation: 2.500
BuyerAgencyCompensationType: Item1
CommonWalls: NoCommonWalls
CommunityFeatures: Sidewalks,Urban
ContractStatusChangeDate: 2023-09-28
Directions: S Olympic / Between Hooper and Alvarado
Contingency: Brokers, Buyer’s agent, and Buyer to do their due diligence and verify property information to satisfy their needs or concerns.
All information deemed reliable but not guaranteed
Living space 4,117
Lot size 8,579
Zoning R4
CumulativeDaysOnMarket: 136
DaysOnMarket: 136
ElectricExpense: 1133
ElevationUnits: Feet
EntryLevel: 1
EntryLocation: 1
$ 5,116.94
per month- Principal and Interest
- Property Tax
- HOA fee
$ 3,869.44
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