820 South Lake Street

Los Angeles, CA 90057

$1,498,000
Price
5,862 / 0.13
Lot Size / Acres

Description

Lee & Associates Investment Services Group is pleased to present the Lake Vista Residences for sale at 820-822 S. Lake Street, a 32-unit apartment development opportunity near DTLA and blocks from MacArthur Park Lake. With a Walk Score of 94 in the heart of one of Los Angeles' most historic neighborhoods, this offering presents an opportunity to develop residential units with modern architecture, sustainable design, green practices, and sought-after amenitiesincluding a captivating rooftopto offer...Lee & Associates Investment Services Group is pleased to present the Lake Vista Residences for sale at 820-822 S. Lake Street, a 32-unit apartment development opportunity near DTLA and blocks from MacArthur Park Lake. With a Walk Score of 94 in the heart of one of Los Angeles' most historic neighborhoods, this offering presents an opportunity to develop residential units with modern architecture, sustainable design, green practices, and sought-after amenitiesincluding a captivating rooftopto offer an exceptional living experience in the city (ask about potential assemblage). The property will be sold with ready-to-issue permits in place. Asking Price: $1,598,000
  1. Listed by Jesse Munoz • DRE #01372980 • Brokerage DRE #00848427 • Lee & Associates Investments Services Group Inc

Property Details for 820 South Lake Street

Zoning
LAR4
Cross Streets
8th
Parcel Number
5141021002
Area
Downtown L.A. (C42)
Lot Size Area
5862
Source Lot Size Area
Vendor Enhanced
Present Use
Duplex
Potential Usage
Ready-to-Issue Permits in Place for 32 Affordable Units.

Location

Listing Courtesy of Lee & Associates Investments Services Group Inc, Jesse Munoz, DRE #01372980
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LISTING UPDATED: 05/30/2024 02:41 PM

Property Details for 820 South Lake Street

StatusActive
MLS #24-385849
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.13 AC
CountyLos Angeles County

Location

Listing Courtesy of Lee & Associates Investments Services Group Inc, Jesse Munoz, DRE #01372980
Add your commute

Building Information for 820 South Lake Street

Lot Size0.13 AC

Payment Calculator

$9,115 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,175

Property Taxes

$940

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 820 South Lake Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City, Lake, Landmark, Park
  • View: City Lights, Lake, Landmark
  • Water: In Street, On Site
  • Sewer: On Site, In Street, Site Evaluation on File
  • Water District: LADWP
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Submit
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Property Report, Rent Control
  • Lot Acreage: 0.1346
  • Lot Size Square Feet: 5862
  • Lot Description: Single Lot, Redevelopment Area
  • Lot Location: City, Park Nearby, Alley Access, Resevoir
  • Telephone: 1.0
  • Cable: 1.0
  • Electric: On Site
  • Gas: Unknown
  • Land Value: $1,598,000.00
  • Road Frontage: Lake Street
  • Track Map: Final
  • Units Per Acre: 31-35 Units/Acre, Over 40 Units/Acre
  • Public Street: Yes
  • Assessments: Unknown
  • Reports On File: Soils Report, Plans, Building Permit
  • Site Decription: City
  • Topography: Flat
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-17-2024
  • Listing Terms: Cash, Cash To New Loan
Tax and Assessed Info
Tax and Assessed Info
  • Improvements: Existing Duplex

Property History for 820 South Lake Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 820 South Lake Street

Taxable ValueLand$637,959Additions$273,409Total$911,368
Tax Record2023$11,280 ($940 / month)
Home Facts
Total Finished SqFt1,452 SqFtAbove Grade Finished SqFt1,452 SqFtLot Size5,860 SqFtStyleDuplexYear Built1922ZoningLAR4CountyLOS ANGELESAPN5141-021-002

Schools near 820 South Lake Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Berendo Middle School
Public6 to 8

Belmont Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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820 South Lake Street is a 0.13 ac of land for sale in Los Angeles, CA 90057. This property was listed for sale on May 17, 2024 by Lee & Associates Investments Services Group Inc, it's currently listed at $1,498,000. It has been on the market for a total of 16 days and was last sold on April 19, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Macarthur Park Elementary School For The Visual And Performing Arts, Berendo Middle School and Contreras Learning Center-School Of Social Justice. 820 South Lake Street is a 0-bed, 0-bath, 0.13 ac of land on a 5,862 sq. ft. / 0.13 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lee & Associates Investments Services Group Inc, Jesse Munoz, DRE #01372980

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.