1125 S Lake Street, Los Angeles, CA 90006

$968,000
List Price
$968,000
Price Change
▼ $30,000 1714348969
Status
ACTIVE
MLS#
PW23175818
Year Built
1905
Lot Size
8,579
Acres
0.20
Days on Market
286
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Three Or More Levels

Property Description

BACK TO MARKET 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 7-units.

Additional Information

Pool Description
None
Cooling Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$40,253
Operating Expense
16689

Listing courtesy of Listing Agent: Pablo Aspiazu (pabloaspiazu@icloud.com) from Listing Office: Homequest Real Estate.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.