Properties

Los Angeles, CA 90006 1252 S Lake Street

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Presented By: Vineendra Jain with Ingenious Asset Group, Inc.;
  • MLS# 26645237
  • 02/02/2026
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  • SQFT • 12,960

Home Details

Trust Sale. No Court Confirmation Required. For sale AFTER 41 years! 18-unit Mixed-use property located in the heart of Koreatown. Unit mix 10 x 1 bed 1 bath, 1 x 1 bed 3 bath & 1 x 2 bed 1 bath residential units, plus 6 commercial units. Adjacent parking lot at 1250 S Lake St (APN 5136-024-018) with approx. 8,699 SF, zoned LAR4, has 25 parking spaces, is listed separately for $700,000. Both properties to be sold together. Existing building is approx. 12,960 SF on approx. 8,504 SF lot, zoned LAC2. One of the commercial units is vacant and will be delivered vacant at COE. Separately metered for both gas and electricity for residential. Property need rehab and updating. Property is being sold AS IS and WHERE IS without warranty expressed or implied and with current tenants in place. 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. OPEN Tues., Feb 10, 2026 from 12:00 pm - 2:00 pm
Presented By: Vineendra Jain with Ingenious Asset Group, Inc.;

Interior Features for 1252 S Lake Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2

General for 1252 S Lake Street

Buyer FinancingCash
Cap Rate4.92
CityLos Angeles
CountyLos Angeles
DirectionsNorth of Pico Blvd, South of Olympic Blvd, West of Alvarado St and East of Hoover St
DisclosuresTrust/Conservatorship
Electric Expense17520
HOA Fee$
HeatingWall Furnace
Insurance Expense10800
Listing TermsCash
Lot Size Square Feet8504
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
MaintenanceExpense9281
Net Operating Income88599
Number Of Units Total18
Open Parking Spaces25
Possible UseMulti-Family
PostalCityLOS ANGELES
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofFlat
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Special Listing ConditionsProbate Listing
Standard StatusActive
StatusActive
Trash Expense7200
Year Built1914
ZoningLAC2

Exterior for 1252 S Lake Street

Building Area Total12960
Lot FeaturesCorner Lot, Irregular Lot
Lot Size Acres0.1952
Lot Size Area8504
Lot Size SourceAssessor
Total Parking25
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,800,000
MLS#26645237
List Date 02/02/2026
Property Type Commercial
Phone 888.795.6274
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