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Tyler Coon

tyler@savvy.realty +1(828) 620-2541

$1,500,000

Est. payment - /mo

12,960 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 12,960 sqft

Price per Sqft $115

MLS Listing ID 26996441

HOA Y/N No

Year Built 1914

Lot Size 0.395 Acres

Property Description

The asking price represents for both parcels, the suggested minimum starting bid of $1,500,000. Worldbid Auction Sale on November 19, 2026. Pre-auction bids are due now through November 5, 2026. The auction qualifying round will take place from November 12 through November 19, 2026, with bids due by 12:00 noon PST on November 19, 2026. For the available due diligence materials, please register at: https://www.braunco.com/1250-1252-south-lake-street-los-angeles-ca-90006/ Trust Sale. No Court Confirmation Required. For sale AFTER 43 years! 18-unit Mixed-use property + Parking Lot located in the heart of Koreatown. Unit mix 10 x 1 bed 1 bath, 1 x 1 bed 3 bath & 1 x 2 bed 1 bath residential units, plus 6 commercial units. Adjacent parking lot at 1250 S Lake St (APN 5136-024-018) with approx. 8,699 SF, zoned LAR4, has 25 parking spaces. Both properties to be sold together. Existing building is approx. 12,960 SF on approx. 8,504 SF lot, zoned LAC2. One of the commercial units is vacant and will be delivered vacant at COE. Separately metered for both gas and electricity for residential. Property is being sold AS IS and WHERE IS without warranty expressed or implied and with current tenants in place. Minutes away from Downtown LA, Staples Center, LA Live, Restaurants, major attractions, and USC. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Interior Features Ceiling Fan(s)

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Tile, Vinyl

Fireplace No

Appliance Dishwasher, Microwave, Oven, Range, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Garage, Uncovered

Pool None

View Y/N Yes

Total Parking Spaces 25

Private Pool No

Building

Lot Description Corners Marked, Irregular Lot

Story 2

Entry Level Multi/Split

Sewer Other

Water Public

Architectural Style Traditional

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5136024019

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Auction

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Listed by Vineendra Jain Ingenious Asset Group, Inc. #01413466

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Tyler Coon

+1(828) 620-2541

Founder & CEO License ID: 313885

1250 & 1252 S Lake ST Los Angeles, CA 90006

Tyler Coon

Key Details

Location

Interior

Exterior

Building

Others

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1250 & 1252 S Lake ST