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Off market
  • $1,221,600

    1215 S Lake St, Los Angeles, CA 90006

    13beds
    5baths
    3,984sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $1,221,600 Zestimate®
    $307/sqft
    $2,084 Estimated rent

    Home value

    $1,221,600

    $1.08M - $1.38M

    $2,084/mo

    Zestimate® history
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    $7,740/mo

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    What's special

    Location! Location! Location!! Great Opportunity to investors.This wonderful well maintained 4 unit historic property is located at high demand rental area. Each unit has its laminate wood floor,granite counter tops in kitchen and washer and dryer hookups inside for each unit.Owner occupies one unit.The other one unit will be vacated and remodeled totally before escrow closing.There is a lot of potential for rent upgrading. It used to have $5714 a monthly rental income.But now it has Much more potential in income. One of the features of this property is that it has a useful attic.The attic was remodeled also.Three units of kitchen have been upgraded.Profile shows 13bdr+5ba.Buyer is to check with city for permits.This R4 zone with huge lot size(app.9000sq) will give the buyer a great opportunity to use the land. It has 11parking spaces.Great upside in future rent.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 5
    Heating
    • None, Other
    Features
    • Flooring: Other
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,984 sqft

    Property

    Parking
    • Total spaces: 11
    Features
    • Exterior features: Other
    Lot
    • Size: 9,016 Square Feet
    Details
    • Parcel number: 5136025005

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1904

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $307/sqft
    • Tax assessed value: $1,021,561
    • Annual tax amount: $12,842

    Price history

    DateEventPrice
    5/27/2015Listing removed$1,099,000$276/sqft
    Source: Bow Tie Realty & Investment #PW15059859 Report a problem
    3/22/2015Listed for sale$1,099,000+29.3%$276/sqft
    Source: Bow Tie Realty & Investment #PW15059859 Report a problem
    10/3/2014Sold$850,000-3.4%$213/sqft
    Source: CLAW #14776005 Report a problem
    7/15/2014Price change$880,000-7.3%$221/sqft
    Source: RE/MAX MEGA GROUP #14776005 Report a problem
    7/10/2014Listed for sale$949,000+183.3%$238/sqft
    Source: RE/MAX MEGA GROUP #14776005 Report a problem
    9/4/2001Sold$335,000+2.2%$84/sqft
    Source: Public Record Report a problem
    1/2/2001Sold$327,747+2.4%$82/sqft
    Source: Public Record Report a problem
    4/15/1998Sold$320,000+357.1%$80/sqft
    Source: Public Record Report a problem
    7/22/1997Sold$70,000$18/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,842 +1.7%$1,021,561 +2%
    2024$12,628 +1.9%$1,001,532 +2%
    2023$12,393 +4.7%$981,895 +2%
    2022$11,835 +1.4%$962,643 +2%
    2021$11,673 -1%$943,768 +1%
    2020$11,786 $934,092 +2%
    2019$11,786 +5.6%$915,778 +2%
    2018$11,160 $897,823 +2%
    2017$11,160 +2.2%$880,220 +2%
    2016$10,923 +2.6%$862,962 +1.5%
    2015$10,648 +97.2%$850,000 +110.6%
    2014$5,399 $403,704 +2.5%
    2012-- $394,001 +2%
    2011-- $386,276 +0.8%
    2010-- $383,390 -0.2%
    2009-- $384,302 -65.1%
    2008-- $1,100,000 +197.8%
    2007-- $369,381 +2%
    2006-- $362,139
    2005-- $362,139 +4%
    2004-- $348,078 +1.9%
    2003-- $341,700 +2%
    2002-- $335,000 +0.8%
    2000-- $332,446
    Find assessor info on the county website

    Neighborhood: Pico-Union

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,221,600
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    Estimated market value
    $1,221,600