1 year on rocket

1125 S Lake St, Los Angeles, CA, 90006

$968,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1125 S Lake St, Los Angeles$968,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1905
CoolingNone
FireplaceNone
MLS #PW23175818
Lot Size0.20 Acres
StatusActive

About 1125 S Lake St

PLANS RTI. !!!!!!!! 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 6-units.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 3

Listing Office:

  • Office Name: Homequest Real Estate
  • Office Phone: (562) 413-0367
  • Listing Agent: Pablo Aspiazu

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: S Olympic / Between Hooper and Alvarado

Price Information

Listing Price Info

Price Summary:

  • List Price: $968,000

Tax Information:

  • Annual Amount: $10,323
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1125 S Lake St vs Los Angeles

414 DAYS ON ROCKET

+376 Days

$968,000

-$55.4K Less

KEY TAKEAWAY

This property is $55.4K less 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: #PW23175818

Listing Office:

  • Office Name: Homequest Real Estate
  • Office Phone: (562) 413-0367
  • Listing Agent: Pablo Aspiazu

IDX 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: 11/17/2024, 2:20:53 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

Jul 16, 2015Home Sold
$659,000
Dec 28, 1998Home Sold
$320,000
Aug 14, 1998Home Sold
$115,000
Aug 08, 1997Home Sold
$135,000
Aug 08, 1997Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,323$820,231
2020$10,024$811,822
2019$9,838$795,905
2018$13,140$780,300
2017$13,140$1,060,800

History based on county public records data.

Payment Calculator

$4,899

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,969

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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.

Nearby Schools

school-card-donut-365516
2
/10

  • Politi Elementary School

  • 2481 W 11th St

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-365517
7
/10

  • Equitas Academy #3 Charter

  • 1050 Beacon Ave

  • 0.41 miles

  • Public Charter Grades KG-4

school-card-donut-365518
6
/10

  • Equitas Academy Charter

  • 1700 W Pico Blvd

  • 0.44 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,576. The most common annual income of people living in Los Angeles, CA is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1125 S Lake St

This home is located at 1125 S Lake St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 1905, sits on a 0.20 acre lot. It has been listed on Rocket Homes since September 30, 2023 and is currently priced at $968,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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