Seven-Unit Apartment
New
For Sale
$1,020,000
1357 W Temple, Los Angeles, CA 90026
Seven-unit mixed-use building with four studio units, a downstairs one-bedroom, and two office spaces.
Days on Market3
Property Features for 1357 W Temple
General Information
Standard status
Active
Property subtype
Investment
Zoning
LACW
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Cap Rate
10%
Office Units
2
Building Details
Building Size
1 SF
Year Built
1912
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Coastal Alliance
(562) 888-3577
Listed By:
Jason Kim · License #02129083
Source:
Elliman
Added: Jul 29
Changed: Jul 30
Last Checked: Jul 30 at 5:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Coastal Alliance
Investment Insights
Based on property information with market context.
A turnkey seven-unit apartment building offering a flexible mixed-use configuration. The property includes four studio units upstairs, plus a downstairs one-bedroom, one-bath unit, along with two office spaces with an additional bath. Built in 1912, the property has been thoughtfully modernized over the last 15 years, including roof, plumbing, and electrical updates.
Investment highlights include a 10 cap rate on current rents, with pro forma upside exceeding a 13 cap rate. The property is zoned LACW and sits on a Prime signalized corner on Temple Street, with easy access to the 101 and 110 Freeways.
Walk and transit conditions are strong, with a walk score of 85, a transit score of 93, and a bike score of 45. The surrounding area is positioned at the crossroads of Echo Park, Silver Lake, and East Hollywood.
Investment highlights include a 10 cap rate on current rents, with pro forma upside exceeding a 13 cap rate. The property is zoned LACW and sits on a Prime signalized corner on Temple Street, with easy access to the 101 and 110 Freeways.
Walk and transit conditions are strong, with a walk score of 85, a transit score of 93, and a bike score of 45. The surrounding area is positioned at the crossroads of Echo Park, Silver Lake, and East Hollywood.
Key Highlights
- Seven units: four studios upstairs, plus a downstairs one‑bedroom, one‑bath
- Two office spaces with an additional bath
- Turnkey condition with roof, plumbing, and electrical updates over the last 15 years
Property Analytics
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 90026, CA
63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit mixed-use building with four studio units, a downstairs one-bedroom, and two office spaces.
Where is this apartment building located?
The property is located at 1357 W Temple Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,020,000.
What are key features of this property?
This property features: Seven units: four studios upstairs, plus a downstairs one‑bedroom, one‑bath; Two office spaces with an additional bath; Turnkey condition with roof, plumbing, and electrical updates over the last 15 years
