Los Angeles, CA 90026,434 N Lake St
Los Angeles, CA 90026,434 N Lake St
Los Angeles, CA 90026,434 N Lake St
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
Wed
6
Aug
Thu
7
Aug
Fri
8
Aug
$1,075,000
Est. payment /mo
7 Beds
5 Baths
4,076 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,076 sqft

Price per Sqft $263

MLS Listing ID 25573947

Bedrooms 7

Year Built 1916

Lot Size 0.268 Acres

Acres 0.2683

Property Sub-Type Multi-Family

Property Description

We are pleased to present a five (5) unit apartment building located at 434 N Lake Street in Los Angeles, California. The subject property is located in a solid Echo Park location, north of Temple Street and west of Alvarado Street. The property is located in Echo Park, offering an excellent unit mix of three (3) one-bedroom and two (2) two-bedroom units all separately metered for electricity on a spacious 11,683 SF lot. With over 50% rental upside potential, the property is a prime value add opportunity, especially with SB1211 allowing for potential ADU conversions in the garage or rear parking lot. Tenants enjoy a gated and secure environment, lush landscaped front yard, and full onsite parking with eight (8) dedicated spaces. Recent improvements include a new roof and completed soft story retrofit. Situated on a quiet street just off Temple, the property boasts walkable access to local hotspots like Tribal Cafe, Boba Guys, and Echo Park Lake, as well as dominant connectivity to Sunset Blvd, Beverly Blvd, and the 101/110 freeways. This is a strong opportunity to purchase a legacy asset that has not been on the market in over 35 years with huge value-add potential. With strong rental upside and potential for ADU conversion underSB1211, this property offers a rare investment opportunity in a solid Echo Park location poised for continued growth.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Tandem

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Marcus & Millichap

GET MORE INFORMATION

Name

Phone*

Message

Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

original_355e300d-2f46-42e1-9f79-a73b0ca9d5fb