815 S Lake St
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For Sale

815 S Lake St

815 S Lake St, Los Angeles, CA 90057

$3,150,000
SELLER MOTIVATED!! $250,000 Price Reduction. 70% upside in Rents (levelled with highest rent). Market rents may be higher. 7.84 CAP rate and 7.75 GRM at Levelled Rents! Expenses are approximated. Buyer is to verify all Expenses and Rent Roll. Maintenance & Repairs are approximated at 5% of Gross Income. Seller's actual bookkeeping may show higher due to included Capitalization Expenses. One of the Agent's is an Owner and is related to the other Owners. One Owner is a CA RE Broker and one a CA RE Agent. Property is being sold in As Is & Where Is condition. Buyer to cooperate with Seller's 1031 Exchange.

24
baths

11,688 Sq.Ft. LIVING AREA

7,325 Sq.Ft. lot

DAVID BRUMER

DAVID BRUMER

MARK MILLER

MARK MILLER

Features & Amenities

Interior

  • Total bathrooms24
  • Laundry room Community
  • Fireplace None

Area & Lot

  • Status For Sale
  • Living Area11,688 Sq.Ft.
  • Lot Area7,325 Sq.Ft.
  • MLS® ID23-276857
  • TypeMulti-Family
  • YEAR BUILT1923

Exterior

  • STORIES2
  • water SourceMeter on Property
  • PoolNone
  • parkingNone
  • HEAT TYPEOther
  • AIR CONDITIONINGNone
  • security FeaturesGated, Resident Manager, Window Bars
  • other exterior FeaturesStucco, None

Financial

  • Sales Price$3,150,000
  • Zoning LAR4

Schedule a Showing

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Schedule a Showing

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Thank you for your interest in 815 S Lake St, Los Angeles, CA 90057. We are reviewing your request and will be in touch shortly!

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