1252 S Lake St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Commercial
Sub Type Combo - Res & Com
Listing Status Active
Purchase Type For Sale
Square Footage 12,960 sqft
Price per Sqft $192
MLS Listing ID 25491881
Year Built 1914
Lot Size 8,504 Sqft
Acres 0.1953
Property Sub-Type Combo - Res & Com
Property Description
Trust Sale. NO Court Confirmation required. For sale AFTER 40 years! 18-unit Mixed-use property located in the heart of Koreatown. Unit mix 10 x 1 bed 1 bath, 1 x 1 bed 3 bath & 1 x 2 bed 1 bath residential units, plus 6 commercial units. Adjacent parking lot at 1250 S Lake St (APN 5136-024-018) with approx. 8,699 SF, zoned LAR4, has 25 parking spaces, listed separately on MLS#25495893 for $1.3MM. Both properties to be sold together. Existing building is approx. 12,960 SF on approx. 8,504 SF lot, zoned LAC2. 100% leased and 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. Minutes away from Downtown LA, Staples Center, LA Live, Restaurants, major attractions, and USC. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAC2
Interior
Heating Wall
Laundry Community
Exterior
Garage Spaces 25.0
Roof Type Flat
Building
Story 2
Water District
Others
Special Listing Condition Standard