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Trust Sale. NO Court Confirmation required. For sale AFTER 41 years! Rare opportunity to own a Vacant lot approx. 8,699 sq. ft. in the heart of Koreatown, zoned LAR 4. Currently use as a parking lot (25 spaces) of the adjacent Apartment bldg. located at 1252 S. Lake St. (APN 5136-024-019), listed separately for $1.8MM. The adjacent apartment bldg. is approx. 12,960 SF on approx. 8,504 SF lot, zoned LAC2. 12 residential units + 6 commercial units. One of the commercial units is vacant and will be delivered vacant at COE. Separately metered for both gas and electricity for residential. Property need rehab and updating. Sold AS IS and WHERE IS with current tenants in place. Both properties to be sold together. 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.
Property Type(s):
Lot/Land/Acreage
| Last Updated | 2/2/2026 | Year Built | 0 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AREA | C42 - Downtown L.A. |
|---|---|
| LOT | 8699 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 60x145 |
| VIEW | Yes |
Location
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Listed with Ingenious Asset Group, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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