Date
Details
Price
Change
Source
2/02/2026
Listed
$700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$700,000 Just Listed
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Property Description
Trust Sale. NO Court Confirmation required. For sale AFTER 41 years! Rare opportunity to own a Vacant lot approx. 8,699 sq. ft. in the heart of Koreatown, zoned LAR 4. Currently use as a parking lot (25 spaces) of the adjacent Apartment bldg. located at 1252 S. Lake St. (APN 5136-024-019), listed separately for $1.8MM. The adjacent apartment bldg. is approx. 12,960 SF on approx. 8,504 SF lot, zoned LAC2. 12 residential units + 6 commercial units. One of the commercial units is vacant and will be delivered vacant at COE. Separately metered for both gas and electricity for residential. Property need rehab and updating. Sold AS IS and WHERE IS with current tenants in place. Both properties to be sold together. 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.
Full Property Details
Full Property Details for 1250 S Lake St
General
- Price: $700,000
- Status: Active
- Type: Lots/Land
- Source: CLAW
- MLS ID: 26646609
- Updated: 2/2/2026
- Added to Site: 3 day(s) ago
Location
- Area: Downtown L.A.
- County: Los Angeles
- Cross Streets: Hoover St and Pico Blvd
- Driving Directions: North of Pico Blvd, South of Olympic Blvd, West of Alvarado St and East of Hoover St
Lot Features
- Property View: Walk Street
- Lot Size (Acres): 0.1998
- Lot Size: 8699
- Lot Size Source: Assessor
- Lot Dimensions: 60 x 145
- Lot Features: City, Flats
- Zoning: LAR4
- Lot Description: Lot Shape-Rectangular, Level/Flat Lot, No Landscaping, Redevelopment Area, Single Lot, Street Asphalt, Walk Street, Value In Land
Financial Considerations
- Price Per Sq. Ft.: $80.46
Disclosures and Reports
- Disclosures/Reports: As Is, Court Approval Not Required, Other, Trust/Conservatorship
- APN: 5136-024-018
Listed by Ingenious Asset Group, Inc., Vineendra Jain
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 1250 S Lake St —
Vineendra Jain
Ingenious Asset Group, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1250 S Lake St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Leo Politi Elementary School 2481 West 11th Street, Los Angeles, CA 90006 | K-5 | 0.3 mi |
Berendo Middle School 1157 South Berendo Street, Los Angeles, CA 90006 | 6-8 | 0.7 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 1.5 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 1.5 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1250 S Lake St
Tax History
Tax History for 1250 S Lake St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,371
1%
$160,540
2%
2024
$2,345
1%
$157,393
2%
2023
$2,312
4%
$154,308
2%
2022
$2,225
1%
$151,283
2%
2021
$2,202
-1%
$148,318
1%
2020
$2,220
3%
$146,798
2%
2019
$2,148
10%
$143,921
2%
2018
$1,944
2%
$141,100
2%
2017
$1,907
2%
$138,335
2%
2016
$1,873
1%
$135,623
2%
2015
$1,849
-1%
$133,587
2%
2014
$1,868
—
$130,971
—
2013
$1,862
—
$130,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1250 S Lake St
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 868Sq. Ft.
- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 2Total Baths
- 1,263Sq. Ft.
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- Retail
- Active
- Updated 2 days ago
- 1,500Sq. Ft.
- 0.0553Acres
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1250 S Lake St, Los Angeles, CA 90006 (MLS# 26646609) is a Lots/Land property with a lot size of 0.1998 acres. 1250 S Lake St is currently listed for $700,000 and was received on February 02, 2026. Want to learn more about 1250 S Lake St? Do you have questions about finding other Lots/Land real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.