NOT LISTED FOR SALE
-- Bed
-- Bath
3,158 Sq Ft
5,477 Sq Ft Lot

Last Sold April 04, 2023

Last sale price $1,100,000 $348 Per Sq Ft

35 Days on Market

About This Home

As of April 2023

Bankruptcy Sale: Central District of California (Los Angeles) Case No. 2:22-bk-14708 | In re: William Holdings, LLC

Bid Deadline: February 16

On-site Inspections: By Appointment Only – January 26, February 2 & 9 at 11 a.m. (meeting at the 126 N. Lake Street property).

126-128 N. Lake St. is part of a 3-building multifamily portfolio in northwestern Los Angeles, with the other two buildings located at:

• 1847 N. Cherokee Ave., Los Angeles, CA

• 5616 Lexington, Los Angeles, CA

The properties are available for purchase individually, in any combination, or in the portfolio’s entirety. This presents an exceptional opportunity to acquire properties near desirable areas and popular attractions, close to Hollywood and downtown Los Angeles.

126-128 N. Lake St. is a multifamily property with 6 units available for rent. The area features major employment centers as it is close to Dodger Stadium and major retailers like Target, Home Depot and CVS.

Last Agent to Sell the Property

Maximilian Rochford

Century 21 Peak License #02192077 Listed on: 01/18/2023

Last Buyer's Agent

Yitzy Davis

Keller Williams Los Angeles License #02075515

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,477 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 3,158 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 3438
  • Assessor Parcel Number 5157020035
  • $866 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $81,331

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LAR4
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5157020035
  • Year Built: 1925
  • Special Features: 20

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 348.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 5477.00
  • Lot Size Acres: 0.1257

Multi Family

  • Gross Scheduled Income: 122846.00
  • Lot Size Area: 5477.0000 Square Feet
  • Net Operating Income: 81331.00
  • Number Of Units Total: 6
  • Operating Expense: 41515.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2085.01
  • Tax Lot: 39
  • Tax Tract Number: 3438
  • TaxOtherAnnualAssessmentAmount: 866.00

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $1,100,000 -46.5% $348 / Sq Ft
01/18/2023 01/18/23 For Sale $2,057,000 -- $651 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,352 $1,144,440 $801,108 $343,332
2024 $14,352 $1,122,000 $785,400 $336,600
2023 $13,291 $1,033,491 $826,794 $206,697
2022 $12,702 $1,013,228 $810,583 $202,645
2021 $12,540 $993,362 $794,690 $198,672
2020 $12,662 $983,177 $786,542 $196,635
2019 $12,182 $963,900 $771,120 $192,780
2018 $12,068 $945,000 $756,000 $189,000
2017 $7,682 $583,570 $318,311 $265,259
2016 $7,491 $572,128 $312,070 $260,058
2015 $7,081 $563,535 $307,383 $256,152
2014 $7,143 $552,497 $301,362 $251,135
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23009685

California Regional Multiple Listing Service (CRMLS)