1250 Lake st - Commercial LAND FOR SALE


Los Angeles, CA 90006- Pico-Union8,699 SF
$1,300,000 USD
310-207-2288
1250 Lake st, Los Angeles, CA for Sale
$1,300,000 USD
Commercial LAND - FOR SALE
1/2
8,699 SF

1250 Lake st
Los Angeles, CA 90006
Pico-Union


HIGHLIGHTS

  • Trust Sale. NO Court Confirmation required.
  • For sale AFTER 41 years!
  • Vacant lot approx. 8,699 sq. ft. in the heart of Koreatown, zoned LAR4.
  • Currently use as a parking lot (25 spaces) of the adjacent Apartment bldg. located at 1252 S. Lake St. (APN 5136-024-019)

OVERVIEW

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 LAR4. 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.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/ACRE

$6,509,714/AC

PRICE/SF

$149 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1250 Lake St, Los Angeles, CA 90006

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.2 AC

LAND SF

8,699 SF

OFFSITE IMPROVEMENTS

-

ZONING

LAR4

APN/PARCEL ID

5136-024-018

ASK ABOUT THIS PROPERTY

Vinny JainIngenious Asset GroupMore Info
310-207-2288

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Vinny JainIngenious Asset GroupMore Info
310-207-2288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.