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442 S Lake St

Los Angeles, CA 90057
  • $7,995,000
  • STATUS: Active
  • ON SITE: 186 Days
  • MLS #: 21-736620
UPDATED: 12 min ago
$7,995,000
  • 35
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 21,654
    SQFT
  • $369
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2010
County:

School Ratings & Info

Description

Excellent 1031 Exchange opportunity with substantial future upside - 15 unit building centrally located between 3rd & 6th St. Great mix of 2 and 3 bedroom apartments that were originally designed as condos. Potential transition into condos possible, to be explored further by buyer. Broker makes no guarantees. Several units have been meticulously upgraded with high quality finishes throughout. Detailed Financials available to qualified Buyers. Seller financing possible.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T15:42:57.52. 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.
www.deserthouseseekers.com/homes/117688500
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442 S Lake St Los Angeles, CA 90057

  • Price: $7,995,000
  • Status: Active
  • On Site: 186 Days
  • Updated: 12 min ago
  • MLS #: 21-736620
35
Beds
0
Baths
0
½ Baths
0.19
Acres
21,654
SQFT
$369
$/SQFT
2010
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Excellent 1031 Exchange opportunity with substantial future upside - 15 unit building centrally located between 3rd & 6th St. Great mix of 2 and 3 bedroom apartments that were originally designed as condos. Potential transition into condos possible, to be explored further by buyer. Broker makes no guarantees. Several units have been meticulously upgraded with high quality finishes throughout. Detailed Financials available to qualified Buyers. Seller financing possible.
Exterior Features

Lot Size Area 8428 Other Structures None Parking Garage Subterr TandemGated Style Architectural Total Parking 33

Interior Features

Baths Total 30.00 Cooling Central Equipment Elevator Heating Central

Property Features

Assessed Total Value 4503935 Gross Income 374152 Gross Operating Income 0 Like Units1 2 Like Units2 1 Like Units3 1 Like Units4 3 Like Units5 1 Like Units6 1 Net Operating Income 233047.00 Number Of Buildings 1 Number Of Units 15 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Apt. Year Built Source Assessor Zoning Lar4

Listing provided courtesy of Gregory Dean DRE#00970290 of The Dean Company.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T15:42:57.52. 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.
 
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