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

$2,350,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$2,350,000 Get Pre-Qualified
Map preview of 425 N Lake St, Los Angeles, CA 90026

Property Overview: 425 N Lake St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 12,009 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: White-hot opportunity for housing development in Echo Park. Two adjacent lots totaling 12,009 square feet of flat land, with the advantage of being zoned R3 with Tier 2 TOC. Make your mark in a burgeoning neighborhood. Proximate to Silver Lake, East Hollywood, Historic Filipinotown, Westlake, and DTLA, 419-425 N. Lake's location is PRIME! Nearby you'll find a New Target (2021), vibrant parks, public transportation, and EV charging stations, along with established long-standing successful bars and restaurants like the original Original Tommy's (1946), Brooklyn Bagel (1965), Gigi's Cafe Cubano, and the newer Woon, Doubting Thomas, Dollar Hits, HiFi Kitchen, Vaka Burger, and Crawfords, catering to both the long-term and newer residents of this community. This spot has what today's buyers and renters alike are looking for. There are structures on each lot. Report on development opportunities available.

Listed by Aimee Benell | BRE #01302788 | Coldwell Banker Realty
Last checked: 2 minutes ago | Last updated: June 14th, 2023 | Source CRMLS | DOM: 389
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Home details

Lot Sq. Ft
12,009
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
23249171
City
Los Angeles
County
Los Angeles
Time on Site
421 days

Open Houses for 425 N Lake St

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Property Details for 425 N Lake St

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Value In Land
  • Lot Size Source: Other
Property Information
  • Has View
  • Parcel Number: 5157015018
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Temple
View more facts & features

Local Los Angeles Agent

Sale History for 425 N Lake St

View property's historical transactions

  • March, 2023

  • Mar 13, 2023

    Date

    Active

    CRMLS: 23249171

    $3,200,000

    Price

Tax History for 425 N Lake St

Assessed Value (2020): $68,089
Year Land Value Improved Value Assessed Value
2020 $35,165 $32,924 $68,089

Home Value Compared to the Market

This property vs the competition

425 N Lake St is listed 90.28% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000.

About 425 N Lake St

Detailed summary of property

425 N Lake St is a land located in Los Angeles, CA 90026 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 12,009 square foot lot. 425 N Lake St was first listed on ArdentRealEstateGroup.com on March 13, 2023. The homeowner is currently asking $2,350,000 and was originally asking $3,200,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 90.28% higher than the median priced home. Local competing homes currently for sale include 738 Kohler St, 1449 N Bronson Ave and 1222 N Beachwood Dr. While the average home in Los Angeles, CA is selling in 94 days, 425 N Lake St has a days on market of 389 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 425 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 425 N Lake St

Public county record property details
Beds
3
Baths
2
Year built
1910
Sq. Ft.
1,872
Lot Size
6,004
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5157-015-018

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
$1,225,000
Median List Price/Sq.Ft.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
63
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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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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