Lee & Associates Investment Services Group is pleased to present the Lake Vista Residences for sale at 820-822 S. Lake Street, a 32-unit apartment development opportunity near DTLA and blocks from MacArthur Park Lake. With a Walk Score of 94 in the heart of one of Los Angeles' most historic neighborhoods, this offering presents an opportunity to develop residential units with modern architecture, sustainable design, green practices, and sought-after amenitiesincluding a captivating rooftopto offer an exceptional living experience in the city (ask about potential assemblage). The property will be sold with ready-to-issue permits in place. Asking Price: $1,598,000
Property Details
Property Features
Listing Office:
Office Name: Lee & Associates Investments Services Group Inc
Office Phone: (213) 623-0800
Listing Agent: Jesse Munoz
Exterior Features
Exterior Information:
View: City Lights, Lake, Other
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.13 Acres
School Info
Assigned Schools Information:
Belmont Senior High School, Public District Grades 9-12
Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
Berendo Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Macarthur Park Elementary School For The Visual and Perf Ar, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: Off 8th Street and Lake Street. Major Cross Street is 8th and Alvarado.
Price Information
Listing Price Info
Price Summary:
List Price: $1,498,000
Tax Information:
Annual Amount: $10,629
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $502K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24385849
Listing Office:
Office Name: Lee & Associates Investments Services Group Inc
Office Phone: (213) 623-0800
Listing Agent: Jesse Munoz
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/1/2024, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 23, 2018
Aug 23, 2018Home Sold
$850,000
Nov 30, 1993
Nov 30, 1993Home Sold
$134,000
Jul 25, 1990
Jul 25, 1990Home Sold
$175,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$10,629
$875,981
2020
$10,313
$867,000
2019
$2,609
$850,000
2018
$2,557
$200,143
2017
$2,557
$196,220
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,544
Per Month
Principal & Interest
$7,477
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,558
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Macarthur Park Elementary School For The Visual and Perf Ar
2300 W 7th St
Distance between this listing and this school0.19 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.32 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.84 miles
Public Magnet Grades 1-5
Middle School
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school1.00 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.22 miles
Public District Grades 6-8
High School
3
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.93 miles
Public District Grades 9-12
3
/10
Contreras Learning Center-Academic Leadership Community
322 Lucas Ave
Distance between this listing and this school1.06 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.06 miles
Public District Grades 9-12
Assigned Schools
4
/10
Macarthur Park Elementary School For The Visual and Perf Ar
2300 W 7th St
Distance between this listing and this school0.19 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school4.32 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school22.84 miles
Public Magnet Grades 1-5
Assigned Schools
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school1.00 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.22 miles
Public District Grades 6-8
Nearby Schools
6
/10
Camino Nuevo Charter Academy
635 S Burlington Ave
Distance between this listing and this school0.43 miles
Public Charter Grades KG-8
Assigned Schools
3
/10
Belmont Senior High School
1575 W 2nd St
Distance between this listing and this school0.93 miles
Public District Grades 9-12
3
/10
Contreras Learning Center-Academic Leadership Community
322 Lucas Ave
Distance between this listing and this school1.06 miles
Public District Grades 9-12
2
/10
Contreras Learning Center-Los Angeles School of Global St
322 Lucas Ave
Distance between this listing and this school1.06 miles
The neighbors living near this home have an average income of $31,753. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 820 S Lake St
What is the listing price of this property?
The listing price of 820 S Lake St property is $1,498,000.
What type of property is this?
The property 820 S Lake St is land located in Los Angeles, California, 90057.
Is this property for sale now?
Active Listing: 820 S Lake St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 820 S Lake St are: Macarthur Park Elementary School For The Visual and Perf Ar: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Berendo Middle School: GreatSchools Rating 4/10Studio: GreatSchools Rating 4/10Belmont Senior High School: GreatSchools Rating 3/10Contreras Learning Center-Academic Leadership Community: GreatSchools Rating 3/10Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $10,629 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 23, 2018 for $850,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 820 S Lake St in Los Angeles, CA and zip code 90057 in the Central LA neighborhood. This home sits on a 0.13 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,498,000.
In May 2024, from all listings sold in Los Angeles, CA there were more than 766 sold above asking price, over 625 sold below and more than 198 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between April 2024 and May 2024 increased by 15.4%. The median list price of listings available in May 2024 was $995,939, while the average time on the real estate market was 33 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Ross Dress For Less
Foot Locker
Boston Market
Popeyes
Jack In The Box
Honda
Nissan
Dodge
Rhythmic Contemporary Hits
Urban Adult Contemporary