1357 W Temple Street

    Los Angeles (City), CA 90026
    • $1,500,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: 18361438
    UPDATED: 84 min ago
    $1,500,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,669
      SQFT
    • $562
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    LIVE-WORK Mixed-Use property in prime Echo Park location. Located on the bustling Temple Corridor, DTLA adjacent, close to Echo Park Lake, and Sunset Blvd. The two-story property consists of four (4) recently renovated singles on the top floor, one (1) recently renovated 1-Bdrm/ Loft, plus one (1) commercial space on the ground-floor suitable for music studio, art gallery, boutique,restaurant/cafe, retail. Zoned LACW (Comm/Ofc/Res Mixed Use). The Seller currently occupies the entire ground-floor. The 1-Bdrm/loft has access to the storefront space, and it has a separate exterior door entrance. Patio area with a spacious metal shed for storage. The property is representative of the quintessential live/work lifestyle. There is potential for future development. It is in a very desirable rental area.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T07:29:06.213. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/85327386

    1357 W Temple Street Los Angeles (City), CA 90026

    • Price: $1,500,000
    • Status: Active
    • Updated: 84 min ago
    • ID#: 18361438
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    2,669
    SQFT
    $562
    $/SQFT
    1912
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    LIVE-WORK Mixed-Use property in prime Echo Park location. Located on the bustling Temple Corridor, DTLA adjacent, close to Echo Park Lake, and Sunset Blvd. The two-story property consists of four (4) recently renovated singles on the top floor, one (1) recently renovated 1-Bdrm/ Loft, plus one (1) commercial space on the ground-floor suitable for music studio, art gallery, boutique,restaurant/cafe, retail. Zoned LACW (Comm/Ofc/Res Mixed Use). The Seller currently occupies the entire ground-floor. The 1-Bdrm/loft has access to the storefront space, and it has a separate exterior door entrance. Patio area with a spacious metal shed for storage. The property is representative of the quintessential live/work lifestyle. There is potential for future development. It is in a very desirable rental area.
    Exterior Features

    Carport Spaces 0.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00

    Interior Features

    Appliances Garbage DisposalRefrigerator Appliances YN Yes

    Property Features

    Cap Rate 7.39 Electric Expense 1350.00 Fuel Expense 840.00 Gross Multiplier 14.71 Gross Operating Income 117600.00 Improvements Amount 50051 Insurance Expense 973.00 Land Value 106201 Net Operating Income 110888.00 Number Wall AC 4 Number With Refrigerator 4 Special Listing Conditions Standard Total Actual Rent 52800.00 Total Expenses 6712.00 Water Sewer Expense 1350.00 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 2018-07-22T07:29:06.213. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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