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    1357 W Temple Street

    Los Angeles (City), CA 90026
    • $1,488,000
    • STATUS: Active
    • ON SITE: 12 days
    • ID#: 20643618
    UPDATED: 57 min ago
    $1,488,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Excellent Echo Park location on the booming Temple Corridor, DTLA adjacent. The two-story building consists of ground-floor commercial use and 4 studios on the second floor, renovated from the studs up. The ground level has also been renovated. The property is zoned LACW (Office/Retail/Restaurant/Cafe/Creative Mixed-Use). The property is representative of the quintessential live/work lifestyle. There is a wave of new real estate development rising or planned on or near the Temple Street Corridor in Echo Park. Very desirable location close to Echo Park Lake, Sunset Blvd, DTLA, and all the superb urban amenities that this thriving community has to offer. Investment value and future Mixed-use development potential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T14:32:14.977. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/110826982
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    1357 W Temple Street Los Angeles (City), CA 90026

    • Price: $1,488,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 20643618
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    1912
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    Excellent Echo Park location on the booming Temple Corridor, DTLA adjacent. The two-story building consists of ground-floor commercial use and 4 studios on the second floor, renovated from the studs up. The ground level has also been renovated. The property is zoned LACW (Office/Retail/Restaurant/Cafe/Creative Mixed-Use). The property is representative of the quintessential live/work lifestyle. There is a wave of new real estate development rising or planned on or near the Temple Street Corridor in Echo Park. Very desirable location close to Echo Park Lake, Sunset Blvd, DTLA, and all the superb urban amenities that this thriving community has to offer. Investment value and future Mixed-use development potential.
    Exterior Features

    Direction Faces South Lot Size Source Assessor Lot Size Units Square Feet Other Structures Shed(S) Parking Features None Parking YN No Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DishwasherDisposalConvection Oven Appliances YN Yes Laundry Features None Levels Two

    Property Features

    Country Us Gross Income 129600.00 Gross Multiplier 11.48 Gross Operating Income 129600.00 Laundry YN No Net Operating Income 90720.00 Property Condition Updated/Remodeled Security Features Fire And Smoke Detection SystemFire Sprinkler SystemGated CommunityCarbon Monoxide Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable Tv Total Expenses 38800.00 Vacancy Allowance Rate 0.00 Zoning Lacw

    Listing provided courtesy of Eduardo Bravo of Engel & Volkers West Hollywood


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T14:32:14.977. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003