FOR SALE
Listed by Pablo Aspiazu, Homequest Real Estate, (909) 606-0888
1125 S Lake St
Los Angeles, CA 90006
Pico-Union
9 Beds
4 Baths
4,117 sqft
- 9 Beds
- 4 Baths
- 4,117 sqft
9 Beds
4 Baths
4,117 sqft
Local Information
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Commute Destination
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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$242
Listed
180+ days ago
Home Details for 1125 S Lake St
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 9Number of Bathrooms: 4 |
Appliances & Utilities Appliances: NoneLaundry: None |
Heating & Cooling No CoolingAir Conditioning: None |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Common Walls: No Common Walls |
Levels, Entrance, & Accessibility Stories: 3Number of Stories: 3Levels: Three Or MoreEntry Location: 1 |
Exterior Features |
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Exterior Home Features No Private Pool |
Parking & Garage No Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
Days on Market |
|---|
Days on Market: 180+ |
Property Information |
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Year Built Year Built: 1905 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Quadruplex |
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 5136017013 |
Price & Status |
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Price List Price: $998,000Price Per Sqft: $242 |
Status Change & Dates Off Market Date: Fri Sep 29 2023 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Los Angeles |
Agent Information |
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Listing Agent Listing ID: PW23175818 |
Building |
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Building Area Building Area: 4117 Square Feet |
Community |
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Community Features: Sidewalks, UrbanNot Senior Community |
HOA |
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Association for this Listing: California Regional MLSNo HOAHOA Fee: No HOA Fee |
Lot Information |
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Lot Area: 8579 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Terms: Down Payment Resource |
Compensation |
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Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Rental |
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Has Rent Control |
Miscellaneous |
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Mls Number: PW23175818Attribution Contact: 562-413-0367 |
Additional Information |
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SidewalksUrban |
Last check for updates: about 17 hours ago
Listing Provided by: Pablo Aspiazu DRE #01446520, (562) 413-0367
Homequest Real Estate
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW23175818
Price History for 1125 S Lake St
| Date | Price | Event | Source |
|---|---|---|---|
| 02/14/2024 | $998,000 | PriceChange | CRMLS #PW23175818 |
| 01/30/2024 | $1,068,000 | PriceChange | CRMLS #PW23175818 |
| 12/02/2023 | $1,198,000 | PriceChange | CRMLS #PW23175818 |
| 09/30/2023 | $1,268,000 | Listed For Sale | CRMLS #PW23175818 |
| 07/16/2015 | $659,000 | Sold | N/A |
| 06/12/2015 | $810,400 | Pending | Agent Provided |
| 06/05/2015 | $810,400 | PendingToActive | Agent Provided |
| 05/29/2015 | $810,400 | Pending | Agent Provided |
| 05/29/2015 | $810,400 | PriceChange | Agent Provided |
| 05/14/2015 | $385,000 | PriceChange | Agent Provided |
| 05/11/2015 | $207,000 | Listed For Sale | Agent Provided |
| 04/29/2015 | $492,328 | Sold | N/A |
| 07/31/2014 | $225,000 | ListingRemoved | Agent Provided |
| 07/18/2014 | $225,000 | PriceChange | Agent Provided |
| 07/12/2014 | $200,000 | Listed For Sale | Agent Provided |
| 02/12/2014 | $200,000 | ListingRemoved | Agent Provided |
| 01/25/2014 | $200,000 | Listed For Sale | Agent Provided |
| 12/28/1998 | $320,000 | Sold | N/A |
| 08/14/1998 | $115,000 | Sold | N/A |
| 06/04/1998 | $123,500 | Sold | N/A |
| 08/08/1997 | $285,000 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $10,956 |
| Assessment | $853,366 |
Home facts updated by county records
Comparable Sales for 1125 S Lake St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.41 | Multi-Family Home | $800,000 | 07/26/23 | 5 | 4 | 3,135 | |
0.44 | Multi-Family Home | $850,000 | 06/09/23 | 5 | 5 | 4,218 | |
0.71 | Multi-Family Home | $1,300,000 | 11/29/23 | 8 | 4 | 4,506 | |
0.32 | Multi-Family Home | $970,000 | 08/11/23 | 5 | 2 | 2,316 | |
0.41 | Multi-Family Home | $1,190,000 | 08/24/23 | 4 | 4 | 2,498 | |
0.55 | Multi-Family Home | $1,000,000 | 08/08/23 | 16 | 6 | 3,084 | |
0.55 | Multi-Family Home | $1,225,000 | 01/11/24 | 5 | 3 | 2,418 | |
0.50 | Multi-Family Home | $800,000 | 03/21/24 | 3 | 3 | 2,128 | |
0.10 | Multi-Family Home | $2,250,000 | 03/26/24 | 20 | 16 | 7,392 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Pico-Union
- Trulia User
- Resident
- 8mo ago
"Not nearly enough parks or areas for dogs to socialize with other, and so much trash on the street sidewalks. The scarce grassy areas are covered in fleas. "
- Trulia User
- Resident
- 10mo ago
"To be safe always and use areas that have good lighting and try to avoid having to run errands late . The skyline is very nice when you’re looking the street vendors have lots of good deals and options to support local business owners "
- Trulia User
- Resident
- 10mo ago
"Terrible The traffic is terrible at certain times. I am looking to move closer to my job so that I don’t spend unnecessary time wasted in traffic. I believe that traffic is always bad during rush hours in the greater Los Angeles area "
- Trulia User
- Resident
- 1y ago
"There are not that many dog parks per neighborhood. So mainly it’s just side walks and regular parks. "
- Trulia User
- Resident
- 1y ago
"my area has great commute and I love it and I like to be around at least safe environment and I like how everything is "
- Trulia User
- Resident
- 2y ago
"been living in pico/union area since 2012 , is like every neighborhood. we have everything near restaurants , market , liquor store , busses , schools , clinics , hospital , gas stations , banks , ect. "
- Trulia User
- Resident
- 2y ago
"we have some good restaurants , stores , markets , schools , gas stations .. friendly neighbors .. this is a safe neighborhood .. been living in this neighborhood since 2012 .. "
- Mr.144719036
- Resident
- 3y ago
"neighborhood is good for walking , there a lot of business open late .. been living in this neighborhood since 2012 , never had any problems .. "
- Carmen G.
- Visitor
- 4y ago
"No parks or grass area close to walk through . To many homeless people and drug addicted people asking for money "
- Karla R. .
- Resident
- 4y ago
"Nothing is special about this neighborhood everything is kind of dangerous and nothing is in good conditions but i just used to living here"
- Mr.144719036
- Resident
- 4y ago
"my neighborhood is safe , friendly people. I been living in this neighborhood since 2012 , I haven't had a problem. "
- Mr.144719036
- Resident
- 4y ago
"area is much better now , good neighbors , friendly , restaurants , laundry , liquor , bus stops , schools , car dealers .. "
- Matrixalexandernavas
- Prev. Resident
- 4y ago
"Keep your kids of the streets, keep the kids from hanging out with gangs in the neighborhood. It’s not a bad area "
- Castillotroyarmy
- Resident
- 4y ago
"Convince to DTLA Nightlife restaurants and freeway access (5/10/110/101/60 FWYS) USC and dodger stadium."
- Ruthlane91o
- Resident
- 4y ago
"To close to downtown, homeless, sirens, loud music, helicopters.. it’s just way to much. No parking for visitors of people who live here. Not kid friendly parks in neighborhood. "
- Mr.144719036
- Resident
- 4y ago
"friendly neighbor's , there all kinds of business , schools , restaurants , parks , public transportation .. "
- Sandro.oliboni
- Resident
- 5y ago
"one the ugli factor is that there are many homeless around tthe highway bridge but for the rest is fine"
- Nikolai
- Resident
- 5y ago
"Excellent location; Staples Center and LA live walking distance. We have been living in Pico Union for the past 3 years and noticing that the area is getting cleaned up. Definitely night and day compare to 10-15 years ago that for fact."
- Derek S.
- Resident
- 5y ago
"The diversity of people and it’s unique history. It’s close proximity to LA Live, Staples Center along with local mom and pop stores and restaurants makes it a unique neighborhood. The area has a lot of potential and will only get better/safer with time. "
- spieringpaul
- Resident
- 5y ago
"Vibrant, safe, convenient to park and lake, subway, Langer's deli, DTLA. Lot's of new developments in the area. Gentrification finally happening."
- Tubanater123
- Resident
- 5y ago
"this neighborhood is dangerous m I've lived here all my life and have seen it go downhill ever since. truly is a shame that it's so expensive and depressing "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Pablo Aspiazu, Homequest Real Estate
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1125 S Lake St, Los Angeles, CA 90006 is a 9 bedroom, 4 bathroom, 4,117 sqft multi-family built in 1905. 1125 S Lake St is located in Pico-Union, Los Angeles. This property is currently available for sale and was listed by CRMLS on Sep 30, 2023. The MLS # for this home is MLS# PW23175818.