1250 S Lake Street

Los Angeles, CA 90006

– beds
– baths
– sqft
8,699 sqft lot
– on site

Trust Sale. NO Court Confirmation required. For sale AFTER 41 years! Rare opportunity to own a Vacant lot approx. 8,699 sq. ft. in the heart of Koreatown, zoned LAR 4. Currently use as a parking lot (25 spaces) of the adjacent Apartment bldg. located at 1252 S. Lake St. (APN 5136-024-019), listed separately on MLS# 25491881 for $2.5MM. The adjacent apartment bldg. is approx. 12,960 SF on approx. 8,504 SF lot, zoned LAC2. 12 residential units + 6 commercial units. Property need rehab and updating. Sold AS IS and WHERE IS with current tenants in place. Both properties to be sold together. 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.

Listed By CRMLS_CA / Vineendra Jain / Ingenious Asset Group, Inc.

Last checked: Checking… • Last updated Feb 19, 2025 •

MLS# 25495893 —

This property is listed in more than one place. See it here.

The Building

New Construction:

No

Location

Directions:

North of Pico Blvd, South of Olympic Blvd, West of Alvarado St and East of Hoover St
Latitude:

34.04783200
Longitude:

-118.28338300

The Property

Property Type:

Land
Zoning:

LAR4
Topography:

Flat
Lot Features:

Corners Marked, Rectangular Lot
Lot Size Area:

8699.0000
Lot Size Dimensions:

60x145
Lot Size Acres:

0.1997
Lot Size SqFt:

8699.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
View:

None

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5136024018

Utilities

Sewer:

Other
Water Source:

Public

The Community

Association:

No
Senior Community:

No
Assessments:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/18/25 Feb 18, 2025	Listed / Active	CRMLS_CA	$1,300,000

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This land located in Central LA, Los Angeles, CA 90006 is currently for sale for $1,300,000. 1250 S Lake Street is a – square foot land with – beds and – baths that has been on Estately for 3 days. 1250 S Lake Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 91, making it a walker’s paradise. This land is in the attendance area of Leo Politi Elementary School, Ramon C Cortines School Of Visual And Performing Arts, Miguel Contreras Learning Complex - School Of Social Justice, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Business And Tourism, Belmont Senior High School, Berendo Middle School, and Edward R. Roybal Learning Center.

Listing Courtesy of: CRMLS_CA and Ingenious Asset Group, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 19:56 on Feb 21.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.