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Listed by Jason Kim, DRE #02129083 • Coldwell Banker Realty
$ 1,199,999
Est. payment /mo
Active
1357 W Temple Los Angeles, CA 90026
2,992 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26162171
Style Custom
Year Built 1912
Lot Size 2,992 Sqft
Source California Regional MLS
Property Description
Turnkey 7-Unit Mixed-Use Investment | 10 Cap Rate Welcome to 1357 W Temple Street - a rare, turnkey mixed-use investment opportunity in the heart of Echo Park, one of Los Angeles's most dynamic and rapidly appreciating eastside neighborhoods. This professionally maintained property features four studio units upstairs, plus a downstairs one-bedroom, one-bath unit and two office spaces with an additional bath - the latter offering excellent potential for conversion to residential use, creating additional upside beyond current income. Built in 1912 and thoughtfully modernized over the last 15 years - including roof, plumbing, and electrical updates - the property combines character with functional, income-ready infrastructure. Investment Highlights: 10 CAP rate on current rents, with pro forma upside exceeding 13 CAP Rate Seven units total - flexible mixed-use configuration with residential conversion potential Turnkey condition with recent roof, plumbing, and electrical upgrades Zoned LACW Prime signalized corner on high-traffic Temple Street with easy access to the 101 and 110 Freeways Situated at the crossroads of Echo Park, Silver Lake, and East Hollywood, this property is within walking distance to Echo Park Lake and just minutes from Dodger Stadium, Downtown
Location
State CA
County Los Angeles
Area 632 - Highland Park
Rooms
Kitchen Oven - Electric
Interior
Heating Floor Furnace
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features No Parking
Pool 31, None
View None
Roof Type Composition
Building
Foundation Brick / Mortar Perimeter
Water District - Public
Architectural Style Custom
Others
Tax ID 5160005006
Special Listing Condition Not Applicable
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