523 N Lake
Property Overview
Exceptional investment opportunity in the heart of Los Angeles. This well-maintained duplex features two spacious 2-bedroom, 2-bathroom units totaling approximately 2,618 square feet on a generous 8,400-square-foot LARD2-zoned lot. Built in 1912, the property offers a private driveway, an attached shared two-car garage, and a fully fenced yard for added privacy and security. The property currently generates $3,429 in monthly rental income ($41,148 annually). The expansive lot provides ample outdoor space and future potential consistent with its LARD2 zoning, subject to buyer verification. Conveniently located near shopping, dining, parks, schools, and major transportation routes, this property presents an excellent opportunity for investors or owner-users seeking long-term value.
Home Details
- Property type
- Residential - Duplex
- Year built
- 1912
- Living area
- 2,618 sq ft
- Lot size
- 8,403 sq ft
- Parking
- 1 spaces
- Garage
- 1 spaces
- Stories
- 2
- Days on market
- 1
- Full bathrooms
- 2
- MLS status
- Active
Features & Amenities
Interior
- Multiple Primary Suites
Parking
- Garage
Pool
- None
Lot
- Zero To One Unit Acre
- Cul De Sac
Community, Schools & Utilities
Community
- View
- CityLights
Schools
- School district
- Los Angeles Unified
Utilities
- Cooling
- WallWindowUnits
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 523 N Lake
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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