Exceptional investment opportunity in the heart of Los Angeles. This well-maintained duplex features two spacious 1-bedroom, 1-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.
For sale
Listed by: Real Brokerage Technologies, Inc. • Erika Martinez • Contact: 424-421-4241
$1,200,000
523 N Lake St, Los Angeles, CA 90026
2beds
2,618sqft
:
Get pre-qualified$7,603/mo
Duplex
Built in 1912
8,403 Square Feet Lot
$1,228,800 Zestimate®
$458/sqft
$-- HOA
What's special
- 4 days |
- 354 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Erika Martinez DRE #02206762 424-421-4241,
Real Brokerage Technologies, Inc.
Source: CRMLS,MLS#: SR26162319
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Multiple Primary Suites
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Inside
Features
- Storage, Multiple Primary Suites
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,618 sqft
Property
Parking
- Total spaces: 1
- Parking features: Door-Single, Garage
- Attached garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: Ground level
- Pool features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 8,403 Square Feet
- Features: 0-1 Unit/Acre, Cul-De-Sac, Yard
Details
- Parcel number: 5402040011
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Electric: Electricity - On Property, Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security Lights
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $458/sqft
- Tax assessed value: $721,098
- Annual tax amount: $9,081
- Date on market: 7/24/2026
- Cumulative days on market: 5 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
$1,228,800
$1.02M - $1.46M
$3,035/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Listed for sale | $1,200,000+823.1%$458/sqft |
Source:  CRMLS #SR26162319 Report a problem | ||
| 7/5/1988 | Sold | $130,000$50/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,081 +1.3% | $721,098 +2% |
| 2024 | $8,965 +1.9% | $706,960 +2% |
| 2023 | $8,797 +4.8% | $693,099 +2% |
| 2022 | $8,396 +1.3% | $679,510 +2% |
| 2021 | $8,286 -1% | $666,187 +1% |
| 2020 | $8,366 | $659,357 +2% |
| 2019 | $8,366 +5.6% | $646,430 +2% |
| 2018 | $7,919 | $633,756 +2% |
| 2017 | $7,919 +2.2% | $621,331 +202.5% |
| 2016 | $7,748 +182.3% | $205,417 +1.5% |
| 2015 | $2,744 +0.5% | $202,332 +2% |
| 2014 | $2,731 | $198,369 +2.5% |
| 2012 | -- | $193,602 +2% |
| 2011 | -- | $189,807 +0.8% |
| 2010 | -- | $188,390 -0.2% |
| 2009 | -- | $188,838 +2% |
| 2008 | -- | $185,137 +2% |
| 2007 | -- | $181,508 +2% |
| 2006 | -- | $177,950 |
| 2005 | -- | $177,950 +4% |
| 2004 | -- | $171,042 +1.9% |
| 2003 | -- | $167,909 +2% |
| 2002 | -- | $164,618 +4% |
| 2000 | -- | $158,228 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Silver Lake
Nearby schools
GreatSchools rating
- 4/10Camino Nuevo Sandra CisnerosGrades: K-8Distance: 0.3 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 0.9 mi
- 6/10Edward R. Roybal Learning CenterGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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