13612 W Temple Street, Los Angeles, CA 90026

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List Price
$1,198,000
Status
ACTIVE
MLS#
26107136
Year Built
1913
Lot Size
3,390
Acres
0.08
Lot Location
Corner Lot
Days on Market
5
Property Type
Commercial

Property Description

Positioned along the vibrant Temple Street corridor near Echo Park, Silver Lake, and Downtown Los Angeles, 1361 W. Temple Street presents a compelling five-unit multifamily investment with value-add potential. Occupying a corner lot, the property features a four-unit building facing W. Temple Street and a detached bungalow facing Douglas Street. Separately metered for gas and electricity, this five-plex offers opportunities for investors seeking rental income and long-term growth, as well as buyers considering owner-occupancy. Conveniently located near dining, shopping, entertainment, and major employment centers, the property combines a central Los Angeles location with the potential to enhance the existing units and explore future possibilities. The next-door property is also currently on the market, presenting an opportunity to acquire both properties and assemble a larger site for potential future redevelopment. This additional possibility broadens the appeal for buyers pursuing a larger investment or development strategy. Capitalize on the possibilities at 1361 W. Temple Street by enhancing a five-unit investment by pursuing a larger vision with the neighboring property. Contact us today to explore the opportunity and schedule a private showing. Acquisition of the neighboring property is separate; any assemblage, redevelopment, mixed-use plans, rent adjustments, or owner-occupancy are subject to applicable regulations, zoning verification, and required approvals.

Additional Information

Attached Structure
Detached
Gross Scheduled Income
$108,000

Listing courtesy of Listing Agent: Eduardo Bravo (eduardobravola@gmail.com) from Listing Office: Serhant California, Inc.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.