210 S Lake St, Los Angeles, CA 90057

Property Description

Welcome to "Lake Street Legacy," a testament to timeless Los Angeles charm. "Where History Meets Opportunity. "Situated in the heart of Los Angeles, Lake Street Legacy at 210 S Lake Street is a unique investment opportunity that blends historical charm with modern convenience. This Storybook Architectural Income Property, built in 1925, offers a monthly income of $6,090 against expenses of $1,456.The property comprises five units, each offering a cozy 1-bedroom, 1-bathroom living space. Minor upgrades have been made to each unit, enhancing the original charm while providing modern comforts. One of the unique features of this property is the ample storage available in the basement, a rarity in city living. The basement has also undergone minor retrofitting, adding to the property's value and appeal. Please note that the landlord does not own the appliances. Lake Street Legacy is situated on a 6,249 sq ft lot, with a total living area of 3,328 sq ft. It also boasts five parking spaces, a sought-after amenity in the bustling city of Los Angeles. The property is zoned LAR3, offering potential for future development. Its central location offers easy access to all the city has to offer, including fantastic dining, shopping, and entertainment options. With its strategic location and unique features, Lake Street Legacy is an excellent choice for anyone looking to expand their investment portfolio. Don't miss out on this rare investment opportunity. Experience the blend of historical charm and modern convenience at Lake Street Legacy.