523 N Lake ST, Los Angeles, CA 90026
523 N Lake ST, Los Angeles, CA 90026
523 N Lake ST, Los Angeles, CA 90026
523 N Lake ST, Los Angeles, CA 90026
523 N Lake ST, Los Angeles, CA 90026
523 N Lake ST, Los Angeles, CA 90026
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$ 1,200,000
Est. payment | /mo

2 Beds

2 Baths

2,618 SqFt


Save
$ 1,200,000
Est. payment | /mo
Save

2 Beds

2 Baths

2,618 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,618 sqft

Price per Sqft $458

MLS Listing ID SR26162319

Bedrooms 2

Full Baths 2

HOA Y/N No

Year Built 1912

Lot Size 8,402 Sqft

Property Sub-Type Duplex

Property Description

Exceptional investment opportunity in the heart of Los Angeles. This well-maintained duplex features two spacious 2-bedroom, 2-bathroom units totaling approximately 2,618 square feet on a generous 8,400-square-foot LARD2-zoned lot. Built in 1912, the property offers a private driveway, an attached shared two-car garage, and a fully fenced yard for added privacy and security. The property currently generates $3,429 in monthly rental income ($41,148 annually). The expansive lot provides ample outdoor space and future potential consistent with its LARD2 zoning, subject to buyer verification. Conveniently located near shopping, dining, parks, schools, and major transportation routes, this property presents an excellent opportunity for investors or owner-users seeking long-term value.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Rooms

Main Level Bedrooms 2

Interior

Interior Features Storage, Multiple Primary Suites

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Door-Single, Garage

Garage Spaces 1.0

Garage Description 1.0

Fence Wrought Iron

Pool None

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Neighborhood

Roof Type Shingle

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Cul-De-Sac, Yard

Dwelling Type Duplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5402040011

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Erika Martinez Real Brokerage Technologies, Inc. 424-421-4241, DRE #02206762

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Steven Shearrill

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523 N Lake ST