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1252 S Lake St
Los Angeles, CA 90006 Pico-Union

$1,800,000 USD

Storefront Retail Residential For Sale • 12,960 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 12,960 SF
Lot Size 0.2 AC
Building Class C
Year Built 1914
Cap Rate 4.92 %
Tenancy Multiple
Zoning C2, Los Angeles

73 Transit Score

94 Walk Score

                
                    Highlights
                
                                Trust Sale. No Court Confirmation Required. 
                            
                                For sale AFTER 41 years!
                            
                                18-unit Mixed-use property located in the heart of Koreatown
                            
                                Adjacent parking lot at 1250 S Lake St (APN 5136-024-018) with approx. 8,699 SF, zoned LAR4, has 25 parking spaces, is listed separately for $700,000.
                            
                                Both properties to be sold together.
                            
                                Separately metered for both gas and electricity for residential.

Property Flyers

1252 Lake St_Property Analyses_Jan2026

Financial Summary (Actual)

Net Operating Income: $88,599 USD (2025)

Cap Rate:	4.92 %
Total Expenses:	$87,744 USD

Amenities

Corner Lot
Signage
Signalized Intersection

Public Transportation

Commuter Rail	Drive	Walk	Distance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	3.8 mi
	9 min	-	4.2 mi
Transit/Subway	Drive	Walk	Distance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	24 min	-	13.7 mi
Bob Hope	24 min	-	13.9 mi
Long Beach (Daugherty Field)	31 min	-	22.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Surface
Included in Rent:	Yes

Vinny Jain 310-207-2288 Ingenious Asset Group

1252 S Lake St Los Angeles, CA 90006 Pico-Union