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228 South Lake Street, Los Angeles, CA 90057 Property Information

228 South Lake Street, Los Angeles, CA 90057 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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228 South Lake Street, Los Angeles, CA 90057
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Address

Primary address 228 South Lake Street, Los Angeles
Alternate address(es) 226 S Lake St
Zip code 90057
County Los Angeles
Municipality Los Angeles
Neighborhood Westlake

Sales & Tax Overview for 228 South Lake Street, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/11/2013
Sale price $3,000,000
Arm's length
Current property tax $46,769

Lot & Building Information for 228 South Lake Street, Los Angeles

Building sqft 13,992
Building class Hotel - Under 50 Rooms - 2 to 5 Stories (1802)
Acreage 0.272
Units 45
Year built 1946
Year last altered 1977
Stories 2
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 228 South Lake Street, Los Angeles

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About 228 South Lake Street, Los Angeles

How many sq. ft. does 228 South Lake Street, Los Angeles, CA 90057 have & what is the price per sq. ft?

This Hotel - Under 50 Rooms - 2 to 5 Stories (1802) located at 228 South Lake Street, Los Angeles, CA 90057 has a total of 13,992 square feet and a current price per square foot of $214.

What is the year built & the current market value of 228 South Lake Street, Los Angeles, CA 90057?

228 South Lake Street, Los Angeles, CA 90057 was built in 1946 and has a current tax assessor's market value of $3,751,130.

How many commercial spaces does this building have?

This building has 45 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 228 South Lake Street, Los Angeles

Create a free account to view the complete sales history for 228 South Lake Street, Los Angeles, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
10/11/2013 $3,000,000
02/05/2004 $1,875,018
       
       
       
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Title Documents for 228 South Lake Street, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
07/28/2021 Assignment of Rents
Financing Statement
Trust Deed
02/05/2016 Reconveyance
Substitution Trustee
01/27/2016 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
10/11/2013 Agreement
Subordination
10/11/2013 Financing Statement
10/11/2013 Assignment of Rents
10/11/2013 Assignment of Rents
Financing Statement
Trust Deed
10/11/2013 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
08/06/2008 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
02/05/2004 Deed
(Sale for consideration - full DTT - Single parcel sale)
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R: Recorded date
D: Document date

Property Taxes for 228 South Lake Street, Los Angeles

Access detailed property tax data for 228 South Lake Street, Los Angeles, CA 90057. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $44,541
Current property tax $46,769
Market value $3,751,130

Special Assessments And Penalties for 228 South Lake Street, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs

Assessment History for 228 South Lake Street, Los Angeles

Here's the assessment & property tax history for 228 South Lake Street, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $3,751,130 1.1874 $44,541 +0.95%
2024-2025 $3,677,579 1.1997 $44,120 +2.03%
2023-2024 $3,605,471 1.1994 $43,244 +4.97%
2022-2023 $3,534,776 1.1655 $41,198 +1.16%
2021-2022 $3,465,468 1.1752 $40,726 -1.06%

Permits for 228 South Lake Street, Los Angeles

The complete history of permits filed for 228 South Lake Street, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
04/12/2019
03/08/2019
01/17/2019
10/26/2018
10/22/2018
10/22/2018
09/29/2016
04/11/2003
04/12/2001
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 46,629
Median age 35.6
Average household income $59,623
Family households 53.9%
Occupied housing units 16,987
Owner occupied units 3.8%
Average number of people per household 2.63
Median year structure built 1965
Median value for units with a mortgage $663,700
Median value for units without a mortgage $497,900

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Seismic gas shut off valve installed
Earthquake-induced liquefaction area

Transportation

Access the detailed traffic volume map for 228 South Lake Street, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 228 South Lake Street, Los Angeles

Here are the neighbors for 228 South Lake Street, Los Angeles.

Address Square feet Purchase date Purchase price
169 S Alvarado St, Los Angeles 4,300 03/12/2014
143 S Alvarado St, Los Angeles 5,000 11/15/2022 $1,650,000
118 S Lake St, Los Angeles 8,860 03/02/2015
161 S Alvarado St, Los Angeles 4,161 12/15/2015
128 S Lake St, Los Angeles 9,456 03/02/2015
122 S Lake St, Los Angeles 3,396 01/10/2017
155 S Alvarado St, Los Angeles 5,440 11/13/2018
123 S Alvarado St, Los Angeles 19,238 09/07/2007 $2,539,000
2116 Beverly Blvd, Los Angeles 2,400 04/20/2018
220 S Lake St, Los Angeles 3,010 12/09/2015 $910,000
206 S Lake St, Los Angeles 2,080 08/18/2025
2108 Beverly Blvd, Los Angeles 10/16/2017 $4,400,000
200 S Lake St, Los Angeles 4,082 02/28/2022
149 S Alvarado St, Los Angeles 9,568 06/28/2011
139 S Alvarado St, Los Angeles 3,300 03/01/2021 $690,000
174 S Alvarado St, Los Angeles 2,860 02/19/2009 $250,002
216 S Lake St, Los Angeles 3,323 12/04/2024 $1,123,646
210 S Lake St, Los Angeles 2,756 03/01/2024 $975,000
142 S Lake St, Los Angeles 1,806 06/09/2006
2120 Beverly Blvd, Los Angeles 6,300 07/16/2019

Nearby ZIP Codes for 228 South Lake Street, Los Angeles

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