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$ 1,300,000
Est. payment | /mo
8,698 Sqft Lot
$ 1,300,000
Est. payment | /mo
8,698 Sqft Lot
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25495893
HOA Y/N No
Lot Size 8,698 Sqft
Lot Dimensions Assessor
Property Description
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 LAR 4. 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAR4
Interior
Fireplace No
Exterior
View Y/N No
View None
Building
Lot Description Corners Marked, Rectangular Lot, Flat
Sewer Other
Water Public
New Construction No
Others
Senior Community No
Tax ID 5136024018
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Vineendra Jain • Ingenious Asset Group, Inc.
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