2,992 Sqft Lot
2,992 Sqft Lot
Key Details
Property Type Single Family Home, Multi-Family
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
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
Nearby Locations
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