MLS® ID: SR17226888
116 N Lake
Los Angeles, California, 90026 $1,100,000
BIG REDUCTION IN PRICE...SELLERS VERY MOTIVATED!! Attention Investors and Builders!! This property is located minutes away from downtown Los Angeles near 101 Freeway. Build a new apartment or improve the existing property. At present, the 2 story property is being use as a Boarding Home (16-50 person permitted) with a total living space of 3,811 sq. ft. and a lot size of 8,745 sq. ft. it offers 13 bedrooms, 4 bath, 1 shower room, and 2 kitchens. Approximate monthly income $7,200. Zoning is LAR4 with use code as per assessor: Boarding House, Rooming House, Apartment Hotel, and Transient Lodging.