18
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$1,200,000
Est. payment /mo
2 Beds
2 Baths
2,618 SqFt
New
523 N Lake Los Angeles, CA 90026
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Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 2,618 sqft
Price per Sqft $458
MLS Listing ID SR26162319
Bedrooms 2
Full Baths 2
Year Built 1912
Lot Size 8,403 Sqft
Property Sub-Type Townhome
Property Description
Exceptional investment opportunity in the heart of Los Angeles. This well-maintained duplex features two spacious 2-bedroom, 2-bathroom units totaling approximately 2,618 square feet on a generous 8,400-square-foot LARD2-zoned lot. Built in 1912, the property offers a private driveway, an attached shared two-car garage, and a fully fenced yard for added privacy and security. The property currently generates $3,429 in monthly rental income ($41,148 annually). The expansive lot provides ample outdoor space and future potential consistent with its LARD2 zoning, subject to buyer verification. Conveniently located near shopping, dining, parks, schools, and major transportation routes, this property presents an excellent opportunity for investors or owner-users seeking long-term value.
Location
State CA
County Los Angeles
Direction Between Beverly Blvd and Clinton St on N Lake St. Easy access from the 101 Freeway via Glendale Blvd
Interior
Cooling Wall/Window
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 1.0
View Y/N Yes
Water Access Desc Public
View City Lights
Total Parking Spaces 1
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 5402040011
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Erika Martinez, DRE#02206762 Real Brokerage Technologies, Inc.
NEARBY SCHOOL & BUSINESS
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