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1125 S Lake Street

Los Angeles (City), CA 90006
  • $939,000
  • STATUS: Active
  • ON SITE: 531 Days
  • MLS #: PW23175818
UPDATED: 30 min ago
$939,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Listing Agent(s): Pablo Aspiazu of Homequest Real Estate (909-606-0888)


Description

PLANS RTI. !!!!!!!!DownTown LA AreaWelcome 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. ExistingFloorplan1st Floor: 1 unit (1/1)2nd Floor: 2 units (2/1, 3/1)3rd Floor: 1 unit (3/1)Living space 4,117Lot size 8,579Zoning R4Currently, 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 6-units.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T12:28:42.12. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/143952087
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1125 S Lake Street Los Angeles (City), CA 90006

  • Price: $939,000
  • Status: Active
  • On Site: 531 Days
  • Updated: 30 min ago
  • MLS #: PW23175818
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1905
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
PLANS RTI. !!!!!!!!DownTown LA AreaWelcome 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. ExistingFloorplan1st Floor: 1 unit (1/1)2nd Floor: 2 units (2/1, 3/1)3rd Floor: 1 unit (3/1)Living space 4,117Lot size 8,579Zoning R4Currently, 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 6-units.
Exterior Features

Entry Level 1 Entry Location 1 Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features SidewalksUrban Contingency BrokersBuyer’s agentand Buyer to do their due diligence and verify property information to satisfy their needs or concerns.All information deemed reliable but not guaranteedLiving space 4117Lot size 8579Zoning R4 Electric Expense 1133 Fuel Expense 0 Garage YN No Gross Income 40253 Gross Scheduled Income 40253 Insurance Expense 2195 Land Lease YN No Laundry Features None Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional Maintenance Expense 3632 Net Operating Income 23563 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 16689 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 41032.8 Trash Expense 284 Water Sewer Expense 1150 Water Source Public Zoning LAR4



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T12:28:42.12. 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 deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Pablo Aspiazu of Homequest Real Estate (909-606-0888)