126 N Lake St, Los Angeles, CA 90026
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126 N Lake St Los Angeles, CA 90026

$1,100,000 Sold Price as of 04/04/2023
  • 0 Beds
  • 0 Baths
  • 3,158 Sq.Ft.
Sold
$1,100,000 Sold Price as of 04/04/2023 Refinance Your Mortgage

Map preview of 126 N Lake St, Los Angeles, CA 90026

Property Overview: 126 N Lake St Los Angeles, CA has -- bedrooms, -- bathrooms, 3,158 living square feet and 5,477 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Bankruptcy Sale: Central District of California (Los Angeles) Case No. 2:22-bk-14708 | In re: William Holdings, LLC Bid Deadline: February 16 On-site Inspections: By Appointment Only – January 26, February 2 & 9 at 11 a.m. (meeting at the 126 N. Lake Street property). 126-128 N. Lake St. is part of a 3-building multifamily portfolio in northwestern Los Angeles, with the other two buildings located at: • 1847 N. Cherokee Ave., Los Angeles, CA • 5616 Lexington, Los Angeles, CA The properties are available for purchase individually, in any combination, or in the portfolio’s entirety. This presents an exceptional opportunity to acquire properties near desirable areas and popular attractions, close to Hollywood and downtown Los Angeles. 126-128 N. Lake St. is a multifamily property with 6 units available for rent. The area features major employment centers as it is close to Dodger Stadium and major retailers like Target, Home Depot and CVS.

Listed by Maximilian Rochford | BRE #02192077 | Century 21 Peak
Last checked: 5 minutes ago | Last updated: April 5th, 2023 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
5,477
HOA Dues
$0/mo
Year built
1925
Garage
3 Car
Property Type:
Apartment
Status
Sold
MLS#
SR23009685
City
Los Angeles
County
Los Angeles
Time on Site
484 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $122,846
  • Net Operating Income: $81,331
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $41,515
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 126 N Lake St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5157020035
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Just off of S Alvarado
Neighborhood Information
  • Community Features: Storm Drains
View more facts & features

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Sale History for 126 N Lake St

Last sold for $1,100,000 on April 4th, 2023
  • April, 2023

  • Apr 4, 2023

    Date

    Sold

    CRMLS: SR23009685

    $1,100,000

    Price

  • Jan 18, 2023

    Date

    Active

    CRMLS: SR23009685

    $2,057,000

    Price

  • December, 2017

  • Dec 1, 2017

    Date

    Sold (Public Records)

    Public Records

    $945,000

    Price

Show More

Tax History for 126 N Lake St

Assessed Value (2020): $983,177
Year Land Value Improved Value Assessed Value
2020 $786,542 $196,635 $983,177

Home Value Compared to the Market

This property vs the competition

126 N Lake St sold on April 4, 2023 for 72.86% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $651.36 per/sqft which puts the price per square foot 13.73% lower than the current median sale per square foot for the city of Los Angeles.

About 126 N Lake St

Detailed summary of property

126 N Lake St is a apartment that recently sold in Los Angeles, CA 90026. This apartment offered -- bedrooms, -- bathrooms, roughly 3,158 living square feet, and sits on an approximately 5,477 square foot lot. 126 N Lake St was first listed on ArdentRealEstateGroup.com on January 18, 2023. The homeowner sold the property for $1,100,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 72.86% higher than the current median priced home. Local homes that are currently for sale include 1530 W Temple St, 234 S Vendome St and 1932 Park Ave. While the average home in Los Angeles, CA is selling in 94 days, 126 N Lake St has a days on market of 35 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 126 N Lake St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 126 N Lake St

Public county record property details
Beds
6
Baths
5
Year built
1925
Sq. Ft.
3,158
Lot Size
5,476
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
39
APN
5157-020-035

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
65
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 126 N Lake St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.