1357 W Temple, Los Angeles, CA 90026
1357 W Temple, Los Angeles, CA 90026
1357 W Temple, Los Angeles, CA 90026
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$1,020,000
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2,992 Sqft Lot
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1357 W Temple Los Angeles, CA 90026

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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26162171

Construction Status Turnkey

HOA Y/N No

Year Built 1912

Lot Size 2,992 Sqft

Property Sub-Type Mixed Use

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 Los Angeles, Disney Hall, and the Arts District. The surrounding corridor continues to see strong demand from creative, wellness, and media tenants, supporting sustained rental growth and long-term appreciation in a supply-constrained market.

Link for OM / Property info / expenses:
Call Jason Kim for more info

Location

State CA

County Los Angeles

Area 632 - Highland Park

Zoning LACW

Interior

Interior Features Multiple Staircases, French Door(s)/Atrium Door(s)

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Oven

Laundry Common Area

Exterior

Parking Features None

Fence Fair Condition

Pool None

Community Features Dog Park, Park, Storm Drain(s), Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available

View Y/N No

View None

Roof Type Composition

Accessibility None

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Custom

Level or Stories Two

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 5160005006

Energy Description 720.0

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard


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Listed by Jason Kim Coldwell Banker Realty 213-705-1919, DRE #02129083

NEARBY SCHOOL & BUSINESS

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Meilene Perez

Meilene Perez

Agent | License ID: 02194496

+1(619) 405-7001

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1357 W Temple