523 north lake street

Exceptional investment opportunity in the heart of Los Angeles. This well-maintained duplex features two spacious 1-bedroom, 1-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.