Listing provided courtesy of Caroline Gim of Expert Real Estate. Last updated 2022-01-16 09:21:17.000000. Listing information © 2021 CRMLS.

Asking Price: $5,086,000

1252 Lake, Los Angeles CA 90006

Community: ​C16 - Mid Los Angeles

Status: Active

This Mixed Use property was built in 1914 and is priced at $5,086,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 365016550
  • Type: Mixed Use
  • Year Built: 1914
REDEVELOPMENT OPPORTUNITY ON A HIGH-PROFILE CORNER LOT. 1252-1266 South Lake Street (APN: 5136-024-019) is a 2 story, 12,960 sq ft mixed use building with six Commercial Suites and twelve Residential Apartment Homes. Additionally, an 8,700 sq. ft. adjacent parcel (APN: 5136-024-018) is included with the sale, currently used as a parking lot. Commercial tenants have good visibility from two major thoroughfares (Pico Blvd. and Hoover St.), and Residents enjoy easy access to public transportation, retail, and restaurants (Walk Score: 93!). Convenient to USC, DTLA, Staples Center, and 10/110/101 Freeways. This is an incredible value-add opportunity as-is, and even better as a redevelopment deal. Property is also T.O.C. Tier 2 eligible and HUBZone Qualified. NEW ROOF INSTALLED IN 2020. Trust Sale.

Call or Email AK Luxury Properties now to inquire about this property