1218 W Temple St, Los Angeles CA 90026

  • $1,100,000
  • Single Family
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 860
  • Sq Ft.
  • 1920
  • Year Built

Description

Property Highlights

  • Close to echo park
  • Commercial space

 

About This Property

2 Income properties included! Great owner/user or small development project in downtown Los Angeles! Located on the Temple St. corridor, the property is zoned LACW which is excellent zoning for multiple purposes. The property consists of 2 storefront spaces on Temple St, with a SFR 2 bed, 1 bath house in the back. Perfect for a work from home office, boutique design studio, or build more units. The 2 unique storefronts have 10 ft. ceilings and are fully leased, they expire Jan 1 2025- adds $17,280 in annual income while going through entitlements or renovating the home. Commercial space can be shown, but not the house- being sold as a tear-down. Close to Echo Park and easy access to Dodger Stadium. This area has been a recent hot spot for new development, with restaurants, bakeries, The Park’s Finest BBQ and the Thunderbolt neighborhood cocktail bar all within 2 blocks. Seller motivated!
 

Facts & Features

Interior

Heating
  • Heating features: Other
Cooling
  • Cooling features: Air Conditioning
Appliances
  • Laundry features: Laundry Room, In Unit

 

Property

Parking
  • Total spaces: 3
  • Parking features: Driveway, ,
  • Covered spaces:
Property
  • Levels: One
  • Stories: 1
  • Entry location:
Lot
  • Lot features: , ,

 

Utilities

  • Sewer information:
  • Water information: District

 

Community & Neighborhood

Schools
  • Betty Plasencia Elementary School
    • Rating: 5
    • Level: Elementary
    • Grades: K-5
    • Link: https://www.greatschools.org/california/los-angeles/2324-Betty-Plasencia-Elementary-School/
    • Type: Public
  • Edward R. Roybal Learning Center
    • Rating: 5
    • Level: High
    • Grades: 9-12
    • Link: https://www.greatschools.org/california/los-angeles/24704-Edward-R.-Roybal-Learning-Center/
    • Type: Public
  • Sal Castro Middle School
    • Rating: 5
    • Level: Middle
    • Grades: 6-8
    • Link: https://www.greatschools.org/california/los-angeles/24996-Sal-Castro-Middle-School/
    • Type: Public
  • High School District:

 

Location
  • Neighborhood: Westlake
Other financial information
  • Buyer agency compensation: 2%

Details

Property ID
24-349075
Bedrooms
2
Bathroom
1
Property Size
860 Sq Ft.
Land Area
4,887 sqft Sq Ft.
Year Built
1920
Updated on January 25, 2024 at 6:53 pm

Address

  • Address 1218 W Temple St
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90026
  • Area Westlake
  • Country US

Mortgage Calculator

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