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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

142 S Lake St, Los Angeles, CA 90057

Individually metered apartments include remodeled units, rear parking, and recently upgraded building systems.

Property SizeContact for details
Days on Market142

Property Features for 142 S Lake St

General Information

Standard status Pending
Total Parking Spaces 5
Property subtype Multifamily

Units

Unit Mix 1 x 2BR/1BA (740 sqft), 4 x 1BR/1BA (440 sqft)
Multifamily Units 5

Additional Details

Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices California Realty & Perrie Mundy Realty Group
Listed By: Cindy Tashima · License #CA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:20PM

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 Berkshire Hathaway HomeServices California Realty & Perrie Mundy Realty Group

Investment Insights

Based on property information with market context.

This five-unit apartment property includes one two-bedroom, one-bath residence of approximately 740 square feet and four one-bedroom, one-bath residences of approximately 440 square feet each. Every unit has a separate electric meter, while the landlord pays for water. Two remodeled apartments are occupied by long-term tenants, and three one-bedroom units will be delivered vacant. Recent property improvements include attic and crawl space insulation throughout, along with a new ABS main drainpipe extending from the rear of the property to the street.

The property is located in Historic Filipino Town at 142 S Lake St in Los Angeles. Rear parking provides 4-5 spaces and is accessed through an alleyway. The surrounding context includes Westlake Village, Rampart Village, MacArthur Park, and the Walt Disney Concert Hall, with the Downtown Financial District a few minutes away.

Key Highlights

  • Five‑unit configuration with one 2‑bedroom and four 1‑bedroom apartments
  • Approximately 740 Sq.ft. 2‑bedroom unit plus four units of approximately 440 Sq.ft. each
  • All five units are individually metered; landlord pays water

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Carpet & Flooring Store HVAC Service Clothing & Fashion Store

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

Lease Details

5
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3,779
Businesses Nearby

Demographics for 90057, CA

45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
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 - Individually metered apartments include remodeled units, rear parking, and recently upgraded building systems.
Where is this apartment building located?
The property is located at 142 S Lake St Los Angeles, CA.
What are key features of this property?
This property features: Five‑unit configuration with one 2‑bedroom and four 1‑bedroom apartments; Approximately 740 Sq.ft. 2‑bedroom unit plus four units of approximately 440 Sq.ft. each; All five units are individually metered; landlord pays water
(626) 440-5100 Call to check price and availability
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