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$1,500,000
New Listing

1250 & 1252 S Lake Street
Los Angeles, CA 90006

For Sale|Residential Income|Active
0
Beds
0
Total Baths
12,960
SqFt
$116
/SqFt
1914
Built
County:
Los Angeles
Listed by Vineendra Jain of Ingenious Asset Group, Inc. [email protected]

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1250 & 1252 S Lake Street1250 & 1252 S Lake Street1250 & 1252 S Lake Street1250 & 1252 S Lake Street
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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.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,960 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.395 Acres
Year Built 
1914
MLS® Number 
26996441
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
0.395
Disclosures 
PetRestrictionsRentControl
Garage 
Yes
Levels 
Multi/Split
Number Of Stories 
2
Parking 
AssignedGarage
Parking Spaces 
25
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Other
Special Circumstances 
Auction
SqFt Total 
12960
Style 
Traditional
Water Source 
Public
Zoning 
LAC2
Interior Features
Appliances 
DishwasherMicrowaveOvenRangeRefrigeratorDryerWasher
Cooling 
Wall/Window Unit(s)
Flooring 
TileVinyl
Heating 
Electric
Interior 
Ceiling Fan(s)
Bathroom 
Living Room 
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Exterior Features
Lot Features 
Corners MarkedIrregular Lot
Pool Features 
None
Spa Features 
None
Community Features
MLS Area 
C42 - Downtown L.A.
Financing Terms Available 
Cash
Building Access 
Main Level


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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