CA > Los Angeles
Los Angeles, CA 90026,434 N Lake ST
Los Angeles, CA 90026,434 N Lake ST
Los Angeles, CA 90026,434 N Lake ST
10
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$1,125,000
Est. payment /mo
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6 Beds
5 Baths
4,076 SqFt
New

434 N Lake ST Los Angeles, CA 90026

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,076 sqft

Price per Sqft $276

MLS Listing ID 26633091

Bedrooms 6

HOA Y/N No

Year Built 1916

Lot Size 0.268 Acres

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. This well-maintained 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 and gas, on a spacious 11,683 SF lot. Three of the five units are vacant, allowing market rents from day one. This 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 on-site 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 Vermont, Normandie, and the 101/110 freeways. This is a rare chance to invest in a stable asset with long-term growth in a highly desirable Los Angeles neighborhood. With strong rental upside and potential for ADU conversion under SB1211, this property offers a rare investment opportunity in a prime Echo Park location poised for continued growth.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD1.5

Interior

Fireplace No

Exterior

Parking Features Garage, Tandem, Uncovered

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5157016003

Special Listing Condition Standard

CRMLS – RECore
Listed by Jason Tuvia Marcus & Millichap

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Modern Broker

Modern Broker

Broker | License ID: 02022092

+1(888) 715-2177

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434 N Lake ST

 
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