1218 Temple Street, Los Angeles

$1,100,000

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2 Beds
1 Bath
860 Sqft
.11 Acre
0 Garage

Seller motivated, and will consider financing! 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, more.

Essential Information

MLS® #
24349075
Price
$1,100,000
Bedrooms
2
Bathrooms
1.00
Full Baths
1
Square Footage
860
Acres
0.11
Year Built
1920
Type
Residential
Status
Active

Community Information

Address
1218 Temple Street
Area
C21 - Silver Lake - Echo Park
City
Los Angeles
County
Los Angeles
Zip Code
90026
Senior Community
N

Amenities

Parking Spaces
3
Parking
Driveway
Garages
Driveway
View
None
Pool
None

Interior

Interior
Carpet
Appliances
Refrigerator
Fireplaces
None
# of Stories
1
Stories
One

Additional Information

Date Listed
January 18th, 2024
Days on Market
100
Zoning
LACW

Listing Details

Agent
Jerry Hoffman
Office
RLG Properties, Inc.

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Jerry Hoffman - RLG Properties, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2024 at 3:10pm PDT. 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.