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94-Unit Apartment Building with Parking
For Sale
Contact for pricing
Pending

1209 S Lake St, Los Angeles, CA 90006

Four-story property includes controlled entry, laundry facilities, storage units, and security cameras.

Property SizeContact for details
Days on Market142

Property Features for 1209 S Lake St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Kidder Mathews Los Angeles West
Listed By: Janet Neman · License #CA 01069127
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Los Angeles West

Investment Insights

Based on property information with market context.

The property includes a 94-unit, four-story apartment building constructed in 1926, together with a separate 6,000-square-foot parking lot containing 16 spaces. The unit mix comprises 31 bachelors and 63 studios. Building features include an art-deco lobby, controlled-access entry, on-site parking, laundry facilities, storage units, and security cameras. Units have received modest renovations, and the property has undergone additional upgrades over time.

Located in Pico-Union near Downtown Los Angeles, the property has a Walk Score of 93 and is surrounded by shops, dining, entertainment, cultural amenities, and local transportation. It is near the Westlake/MacArthur Park Purple/Red Line Metro Stations, with access to Downtown Los Angeles and proximity to employment centers in Downtown Los Angeles, Mid-Wilshire, Miracle Mile, Hollywood, West Hollywood, Beverly Hills, and Century City.

Key Highlights

  • 94‑unit apartment building with 31 bachelors and 63 studio units
  • Separate 6,000 SF income‑producing parking lot with 16 spaces
  • Four‑story building originally constructed in 1926

Property Analytics

Current Use

Mindlift Wellness Crisis Center New Day Recovery ... Medical Clinic

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Clothing & Fashion Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,372
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-story property includes controlled entry, laundry facilities, storage units, and security cameras.
Where is this apartment building located?
The property is located at 1209 S Lake St Los Angeles, CA.
What are key features of this property?
This property features: 94‑unit apartment building with 31 bachelors and 63 studio units; Separate 6,000 SF income‑producing parking lot with 16 spaces; Four‑story building originally constructed in 1926
(310) 996-2210 Call to check price and availability
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