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  • 1250 & 1252 S Lake Street

1250 & 1252 S Lake Street, Los Angeles, CA 90006

$1,500,000 Approx. USD 0 beds, 0 baths
12,960 sqft

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The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
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Lic#: 01276603
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Lic#: 01276603
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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700
Tustin 18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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Listing Agent


Vineendra Jain | sales@iagpm.com
Lic#: 01413466
Broker: Courtesy of Ingenious Asset Group, Inc.
Phone: 310-207-2288

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26996441
Price: $1,500,000
Beds: 0
Baths: 0
Built in 1914
12,960 sqft
0.40 acres
Lot size: 0.3950
County: Los Angeles
Property style: Traditional
Zoning: LAC2
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Microwave,Oven,Range,Refrigerator,Dryer,Washer
Parking description: Assigned,Garage,Uncovered
Lot description: Corners Marked,Irregular Lot
Heating/cooling: Wall/Window Unit(s)
Heating description: Electric
MLS area: C42 - Downtown L.A.

Last Updated: 10/5/2026

 Days On Market (DOM): 4

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This listing belongs to the C42 - Downtown L.A. MLS area

The style of this listing is Traditional.
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Lat/Long: 34.047580, -118.283725.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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