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210 S Lake St, Los Angeles, CA 90057
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210 S Lake St Los Angeles, CA 90057

$975,000 Sold Price as of 03/01/2024
  • 5 Beds
  • 5 Baths
  • 3,328 Sq.Ft.
Sold
$975,000 Sold Price as of 03/01/2024 Refinance Your Mortgage
Map preview of 210 S Lake St, Los Angeles, CA 90057

Property Overview: 210 S Lake St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 3,328 living square feet and 6,249 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to "Lake Street Legacy," a testament to timeless Los Angeles charm. "Where History Meets Opportunity. "Situated in the heart of Los Angeles, Lake Street Legacy at 210 S Lake Street is a unique investment opportunity that blends historical charm with modern convenience. This Storybook Architectural Income Property, built in 1925, offers a monthly income of $6,090 against expenses of $1,456.The property comprises five units, each offering a cozy 1-bedroom, 1-bathroom living space. Minor upgrades have been made to each unit, enhancing the original charm while providing modern comforts. One of the unique features of this property is the ample storage available in the basement, a rarity in city living. The basement has also undergone minor retrofitting, adding to the property's value and appeal. Please note that the landlord does not own the appliances. Lake Street Legacy is situated on a 6,249 sq ft lot, with a total living area of 3,328 sq ft. It also boasts five parking spaces, a sought-after amenity in the bustling city of Los Angeles. The property is zoned LAR3, offering potential for future development. Its central location offers easy access to all the city has to offer, including fantastic dining, shopping, and entertainment options. With its strategic location and unique features, Lake Street Legacy is an excellent choice for anyone looking to expand their investment portfolio. Don't miss out on this rare investment opportunity. Experience the blend of historical charm and modern convenience at Lake Street Legacy.

Listed by Servando S Garza | BRE #01446995 | Keller Williams Realty Los Feliz
Co-listed by Sagi Barzilay | BRE #02077823 | Vantage Realty Inc.
Last checked: 9 minutes ago | Last updated: March 1st, 2024 | Source CRMLS | DOM: 161

Home details

Lot Sq. Ft
6,249
HOA Dues
$0/mo
Year built
1925
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
23295109
City
Los Angeles
County
Los Angeles
Time on Site
419 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $880
  • Total Rent: $880
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,440
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $860
  • Total Rent: $860
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.24
  • Gross Scheduled Income: --
  • Net Operating Income: $67,170
  • Gross Operating Income: $67,170
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 210 S Lake St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Carpet
Kitchen Information
  • No Appliances
  • None
Interior Features
  • 2 Staircases
  • Levels: Multi/Split
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Window Bars, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Side by Side, Shared Driveway
Lot Information
  • Lot Features: Back Yard, Front Yard, Utilities - Overhead, Yard
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 5
  • Parcel Number: 5154008020
  • Architectural Style: Traditional
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Use google maps
View more facts & features

Local Los Angeles Agent

Sale History for 210 S Lake St

Last sold for $975,000 on March 1st, 2024

  • March, 2024

  • Mar 1, 2024

    Date

    Sold

    CRMLS: 23295109

    $975,000

    Price

  • Jul 27, 2023

    Date

    Active

    CRMLS: 23295109

    $1,395,000

    Price

Tax History for 210 S Lake St

Assessed Value (2020): $86,135
Year Land Value Improved Value Assessed Value
2020 $36,169 $49,966 $86,135

Home Value Compared to the Market

This property vs the competition

210 S Lake St sold on March 1, 2024 for 6.34% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $315.2 per/sqft which puts the price per square foot 56.46% lower than the current median sale per square foot for the city of Los Angeles.

About 210 S Lake St

Detailed summary of property

210 S Lake St is a multi family that recently sold in Los Angeles, CA 90057. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 3,328 living square feet, and sits on an approximately 6,249 square foot lot. 210 S Lake St was first listed on ArdentRealEstateGroup.com on July 28, 2023. The homeowner sold the property for $975,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 6.34% lower than the current median priced home. Local homes that are currently for sale include 1601 Venice Blvd, 1411 Menlo Ave and 1826 S Bonnie Brae St. While the average home in Los Angeles, CA is selling in 106 days, 210 S Lake St has a days on market of 161 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 210 S Lake St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 210 S Lake St

Public county record property details
Beds
5
Baths
5
Year built
1925
Sq. Ft.
3,328
Lot Size
6,249
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
25
APN
5154-008-020

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$531
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$515
Total Inventory
16
Median Sale to List Price %
90.91%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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