REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Preet Sandhu

preet@riserealtyca.com +1(559) 907-9993

$ 1,500,000

Est. payment | -/mo

12,960 SqFt

Save

$ 1,500,000

Est. payment | -/mo

Save

12,960 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,960 sqft

Price per Sqft $115

MLS Listing ID 26996441

Style Traditional

Year Built 1914

Lot Size 0.395 Acres

Acres 0.1953

Property Sub-Type Multi-Family

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 Downtown L.A.

Zoning LAC2

Rooms

Other Rooms Other

Dining Room 0

Kitchen Counter Top

Interior

Heating Electric, Wall Electric

Cooling Air Conditioning, Wall Unit(s), Wall/Window, Ceiling Fan

Flooring Vinyl, Tile

Equipment Ceiling Fan, Dryer, Dishwasher, Range/Oven, Refrigerator, Washer, Microwave

Laundry Laundry Area

Exterior

Parking Features Assigned, Garage, Uncovered

Garage Spaces 25.0

Pool None

View Y/N Yes

View Walk Street

Roof Type Flat

Building

Lot Description 2-4 Lots, Lot Shape-Irregular, Lot-Level/Flat, Corners Established, Fenced, Walk Street

Story 2

Sewer In Street

Water District

Architectural Style Traditional

Level or Stories Multi/Split

Others

Special Listing Condition Auction

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Ingenious Asset Group, Inc.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 907-9993

preet@riserealtyca.com

GET MORE INFORMATION

California Real Estate

Welcome to RiseRealtyCA.com, your one-stop source for California real estate.

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.

Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.

Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.

1250 S Lake St Los Angeles, CA 90006