425 North Lake Street

Los Angeles, CA 90026

$1,600,000
Last Sold Price
5
Beds
4
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Substantial Price Adjustment for this exceptional opportunity for housing development in Echo Park. Two adjacent lots totaling 12,009 square feet of flat land, with the advantage of being zoned R3 with Tier 2 TOC. Make your mark in a burgeoning neighborhood. Proximate to Silver Lake, East Hollywood, Historic Filipinotown, Westlake, and DTLA. 419-421 and 425 N. Lake's location is PRIME! Nearby you'll find a New Target (2021), vibrant parks, public transportation, and EV charging stations, along with...Substantial Price Adjustment for this exceptional opportunity for housing development in Echo Park. Two adjacent lots totaling 12,009 square feet of flat land, with the advantage of being zoned R3 with Tier 2 TOC. Make your mark in a burgeoning neighborhood. Proximate to Silver Lake, East Hollywood, Historic Filipinotown, Westlake, and DTLA. 419-421 and 425 N. Lake's location is PRIME! Nearby you'll find a New Target (2021), vibrant parks, public transportation, and EV charging stations, along with established long-standing successful bars and restaurants like the original Original Tommy's (1946), Brooklyn Bagel (1965), Gigi's Cafe Cubano, and the newer Woon, Doubting Thomas, Dollar Hits, HiFi Kitchen, Vaka Burger, and Crawfords, catering to both the long-term and newer residents of this community. This spot has what today's buyers and renters alike are looking for. Report on development opportunities available. Properties are to be sold together.
  1. Listed by Aimee Benell • DRE #01302788 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 425 North Lake Street

Zoning
LAR3
Style
Craftsman
Cross Streets
Temple
Parcel Number
5157015018
Total Units
2.0
Area
Silver Lake (671)
Vacancy Rate
0
Lot Size Area
12009

Location

Listing Courtesy of Coldwell Banker Realty, Aimee Benell, DRE #01302788

Sold By Coldwell Banker Realty, Aimee Benell, DRE #01302788

Add your commute
LISTING UPDATED: 05/15/2024 07:47 PM

Property Details for 425 North Lake Street

StatusSold
MLS #23-288915
Days on Market310
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.28 AC / 12,009 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Aimee Benell, DRE #01302788

Sold By Coldwell Banker Realty, Aimee Benell, DRE #01302788

Add your commute

Building Information for 425 North Lake Street

Stories2Residences-Year Built-Building Size-Lot Size0.28 AC / 12,009 SF

Payment Calculator

$8,828 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$96

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 425 North Lake Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: duplex
  • View: Yes
  • View Description: Any
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: As Is, Property Report
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1378
  • Lot Size Square Feet: 12009
  • Lot Features: Value In Land
  • Lot Description: 2-4 Lots, Curbs, Fenced, Sidewalks, Tear Down On Lot, Lot-Level/Flat, Value In Land
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 4
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One, Three Or More
  • Cooling: None
  • Cooling Type: None
  • Heating: Combination
  • Heating Type: Combination
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 07-11-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 425 North 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 425 North Lake Street

Taxable ValueLand$36,963Additions$34,608Total$71,571
Tax Record2023$1,149 ($96 / month)
Home Facts
Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtLot Size6,005 SqFtStyleDuplexYear Built1910ZoningLAR3CountyLOS ANGELESAPN5157-015-018

Schools near 425 North Lake Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lake Street Primary School
PublicK to 1

Rosemont Avenue Elementary School
Public2 to 5

Virgil Middle School
Public6 to 8

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Coldwell Banker Realty, Aimee Benell, DRE #01302788

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.