CA > Los Angeles
Los Angeles, CA 90006,1252 S Lake ST
Los Angeles, CA 90006,1252 S Lake ST
Los Angeles, CA 90006,1252 S Lake ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,500,000
Est. payment /mo
8,502 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25491881

HOA Y/N No

Year Built 1914

Lot Size 8,502 Sqft

Property Sub-Type Mixed Use

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 C42 - Downtown L.A.

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Roof Type Flat

Total Parking Spaces 25

Building

Lot Description Corner Lot, Irregular Lot

Story 2

Water Public

Others

Tax ID 5136024019

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Vineendra Jain • Ingenious Asset Group, Inc.

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