523 N Lake, Los Angeles, CA 90026
- $1,200,000
- 2
- BD
- 2
- BA
- 2,618
- SqFt
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- SR26162319
- Year Built
- 1912
- Bedrooms
- 2
- Bathrooms
- 2
- Living Sq. Ft
- 2,618
- Lot Size
- 8,403
- Acres
- 0.19
- Lot Location
- 0-1 Unit/Acre, Cul-De-Sac
- Days on Market
- 3
- Property Type
- Single Family Residential
- Property Sub Type
- Duplex
- Stories
- Two Levels
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.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- City Lights
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- School District
- Los Angeles Unified
- Interior Features
- Multiple Primary Suites
- Attached Structure
- Attached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Erika Martinez (arie@allurecommercial.com) from Listing Office: Real Brokerage Technologies, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.