Los Angeles, CA 90006 1125 S Lake Street
$939,000
Pending
9 more
Presented By: Pablo Aspiazu with Homequest Real Estate; 562-413-0367
- MLS# PW23175818
- 09/29/2023
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 9
Baths • 4
SQFT • 4,117
Home Details
PLANS RTI. !!!!!!!!
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 6-units.
Presented By: Pablo Aspiazu with Homequest Real Estate; 562-413-0367
Interior Features for 1125 S Lake Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories3
Other Rooms
Entry Level1
General for 1125 S Lake Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks, Urban
ContingencyBrokers, 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
CoolingNone
CountyLos Angeles
DirectionsS Olympic / Between Hooper and Alvarado
Electric Expense1133.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income40253.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense2195.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet8579.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MaintenanceExpense3632.0
MobileHomeRemainsYNNo
Net Operating Income23563.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense16689.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot10
Total Actual Rent41032.8
Trash Expense284.0
Water Sewer Expense1150.0
Waterfront Y/NNo
Year Built1905
Year Built SourceAssessor
ZoningLAR4
Exterior for 1125 S Lake Street
Building Area Total4117.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1969
Lot Size Area8579.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate