Date
Details
Price
Change
Source
10/02/2026
Listed
$1,500,000
—
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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1/22
$1,500,000 Just Listed
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1/22
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.
Full Property Details
Full Property Details for 1250 S Lake St
General
- Price: $1,500,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26996441
- Updated: 10/2/2026
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: Living Room
- Cooking Appliances: Range, Microwave, Oven
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Bathroom Features: Shower Stall
Other Rooms
- Laundry: Laundry Area
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
- Other Features: Other
Exterior
- Deck/Patio: Balcony
Parking
- Garage Description: Assigned, Garage, Uncovered
Location
- Area: Downtown L.A.
- County: Los Angeles
- Cross Streets: Pico Blvd and Hoover St
- Driving Directions: North of Pico Blvd, South of Olympic Blvd, West of Alvarado St and East of Hoover St
Heating & Cooling
- Cooling Type: Air Conditioning, Wall Unit(s), Wall/Window, Ceiling Fan
- Heating Type: Electric, Wall Electric
Utilities
- Sewer: In Street
- Water: District
Structural Information
- # Buildings: 1
- Architectural Style: Traditional
- Roof: Flat
- Common Walls: Detached/No Common Walls
- Entry Location: Main Level
- Stories/Levels: 2
- Square Feet: 12,960
- Sq. Ft. Source: Assessor
- Year Built: 1914
- Year Built Source: Assessor
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 18
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 3
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Other
Lot Features
- Property View: Walk Street
- Lot Size (Acres): 0.1953
- Lot Size: 17205
- Lot Size Source: Estimated
- Lot Features: City, Flats, Corner Lot
- Zoning: LAC2
- Lot Description: 2-4 Lots, Lot Shape-Irregular, Level/Flat Lot, Corners Established, Fenced, Walk Street
Financial Considerations
- Price Per Sq. Ft.: $115.74
- Assessment Year: 1914
Disclosures and Reports
- Disclosures/Reports: As Is, Pet Restrictions, Rent Control
- APN: 5136-024-019
Listed by Ingenious Asset Group, Inc., Vineendra Jain
We Value Your Privacy
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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 ATTOM Data Solutions 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
—
$163,750
2%
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 2 days ago
- 3Beds
- 2Total Baths
- 1,942Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 2Total Baths
- 1,576Sq. Ft.
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- Townhouse
- Active
- Updated 23 hours ago
- 3Beds
- 3Total Baths
- 1,793Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 832Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 1,024Sq. Ft.
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1250 S Lake St, Los Angeles, CA 90006 (MLS# 26996441) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1250 S Lake St is currently listed for $1,500,000 and was received on October 02, 2026. Want to learn more about 1250 S Lake St? Do you have questions about finding other Multi-Family 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.