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1218 W Temple St

Los Angeles, CA 90026
  • $1,100,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 24-349075
UPDATED: 42 min ago
$1,100,000
  • 2
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 860
    SQFT
  • $1,279
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:

School Ratings & Info

Description

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 fixer. 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!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-02-29T10:42:50.48. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/146735225
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1218 W Temple St Los Angeles, CA 90026

  • Price: $1,100,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 42 min ago
  • MLS #: 24-349075
2
Beds
1
Baths
0
½ Baths
0.11
Acres
860
SQFT
$1,279
$/SQFT
1920
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
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 fixer. 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!
Exterior Features

Building Type Detached Guest House None Levels One Lot Size Area 4886 Other Structures Accessory BldgsOther Parking Garage Driveway Pool Description None Pool YN No Spa None Spa YN No Style Unknown Total Parking 3 View Description None View YN No

Interior Features

Common Walls Detached/No Common Walls Cooling Air Conditioning Den No Dining Room No Equipment Range/OvenRefrigerator Family Room No Fireplace Rooms None Flooring CarpetCeramic Tile Furnished Unfurnished Heating Other Laundry In Unit One Quarter Baths 0 Rooms Art Studio

Property Features

Available For Lease No Disclosures As Is Hoa Yn No Lease Option No Planned Urban Development No Property Condition FixerValue Mainly In LandTear Down Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Water District Year Built Source Vendor Enhanced Zoning LACW

Listing provided courtesy of Jerry Hoffman DRE#01428622 of RLG Properties, Inc.: 818-679-2046.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-02-29T10:42:50.48. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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