7 months on rocket

1125 S Lake St, Los Angeles, CA, 90006

$968,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1125 S Lake St, Los Angeles$968,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1905
CoolingNone
FireplaceNone
MLS #PW23175818
Lot Size0.20 Acres
StatusActive

About 1125 S Lake St

BACK TO MARKET DownTown LA Area Welcome to this fantastic investment opportunity in the sought-after 90006 zip code This well-maintained residential income property boasts four spacious units, making it an ideal choice for both seasoned investors and those looking to start their real estate portfolio. Existing Floorplan 1st Floor: 1 unit (1/1) 2nd Floor: 2 units (2/1, 3/1) 3rd Floor: 1 unit (3/1) Living space 4,117 Lot size 8,579 Zoning R4 Currently, 1 tenant occupies a partial area of the 1st floor, there are plans/permits almost approved for a conversion of the 1st floor into 4 units utilizing the same footprint, for a total of 7-units.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 3

Listing Office:

  • Office Name: Homequest Real Estate
  • Office Phone: (562) 413-0367
  • Listing Agent: Pablo Aspiazu

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Contreras Learning Center-Academic Leadership Community, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Berendo Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Leo Politi Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: S Olympic / Between Hooper and Alvarado

Price Information

Listing Price Info

Price Summary:

  • List Price: $968,000

Tax Information:

  • Annual Amount: $10,323
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1125 S Lake St vs Los Angeles

227 DAYS ON ROCKET

+193 Days

$968,000

-$18.4K Less

KEY TAKEAWAY

This property is $18.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW23175818

Listing Office:

  • Office Name: Homequest Real Estate
  • Office Phone: (562) 413-0367
  • Listing Agent: Pablo Aspiazu

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2024, 4:20:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 16, 2015Home Sold
$659,000
Dec 28, 1998Home Sold
$320,000
Aug 14, 1998Home Sold
$115,000
Aug 08, 1997Home Sold
$135,000
Aug 08, 1997Home Sold
$285,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,323$820,231
2020$10,024$811,822
2019$9,838$795,905
2018$13,140$780,300
2017$13,140$1,060,800

History based on county public records data.

Payment Calculator

$4,899

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,969

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-554445
2
/10

  • Leo Politi Elementary School

  • 2481 W 11th St

  • 0.25 miles

  • Public District Grades KG-5

school-card-donut-554446
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.30 miles

  • Public Magnet Grades KG-6

school-card-donut-554447
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.77 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-554448
4
/10

  • Berendo Middle School

  • 1157 S Berendo St

  • 0.73 miles

  • Public District Grades 6-8

school-card-donut-554449
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.59 miles

  • Public District Grades 6-8

High School

school-card-donut-554450
3
/10

  • Belmont Senior High School

  • 1575 W 2nd St

  • 1.27 miles

  • Public District Grades 9-12

school-card-donut-554451
3
/10

  • Contreras Learning Center-Academic Leadership Community

  • 322 Lucas Ave

  • 1.35 miles

  • Public District Grades 9-12

school-card-donut-554452
2
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 1.35 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,576. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1125 S Lake St

This home is located at 1125 S Lake St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 1905, sits on a 0.20 acre lot. It has been listed on Rocket Homes since September 30, 2023 and is currently priced at $968,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources