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    442 S Lake St

    Los Angeles, CA 90057
    • $7,995,000
    • STATUS: Active
    • ON SITE: 119 days
    • MLS #: 21-736620
    Price Reduced
    UPDATED: 85 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.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-25T19:42:39.35. 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.desertarealuxuryhomes.com/homes/117688500
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    442 S Lake St Los Angeles, CA 90057

    • Price: $7,995,000
    • Status: Active
    • Updated: 85 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 2021-09-25T19:42:39.35. 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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