Mixed-Use Building in Prime
For Sale
$2,700,000
2240 W Temple, Los Angeles, CA 90026
Mixed-use building near Silverlake and Echo Park with income potential.
Property Size5,666 SF
Price / SF$476.53
Days on Market354
Property Features for 2240 W Temple
General Information
Standard status
Active
Size
5,666 SF
Property subtype
Mixed Use
Building Details
Building Size
5,666 SF
Year Built
1905
Listing Agency:
Beverly and Company
Listed By:
Rosi Agopian · License #01988068
(818) 371-2656
Source:
Velocityrealtysd
Added: Oct 31, 2025
Changed: Oct 8
Last Checked: Oct 19 at 2:07PM
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 Beverly and Company
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Investment Insights
Based on property information with market context.
This mixed-use building, located at the corner of Temple Street and Rosemont Avenue in the 90026 zip code area of Los Angeles, features 7 units. The property is situated in a location known for its trendy and diverse neighborhoods such as Silverlake and Echo Park. The property is conveniently located near public transportation, with several bus lines running in the vicinity. The property can be used for both residential and commercial purposes, presenting a unique investment opportunity for generating rental income. The area is undergoing a significant transformation with new construction condominium developments, which may increase property values and potentially attract new businesses or amenities. The building is less than 3 miles from Downtown Los Angeles and offers easy access to a freeway entrance. The property size is 5666 square feet.
Key Highlights
- Prime location in the trendy 90026 zip code, near Silverlake and Echo Park.
- Mixed‑use building suitable for both residential and commercial purposes.
- Seven (7) unit building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,737
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,294,740
$2.3M
Cap Rate 7%
$1,639,100
$1.6M
Cap Rate 9%
$1,274,856
$1.3M
Market Conditions
NOI Build-Up for 5,666 SF
Gross rent
$204.0K $36.00/SF
− Vacancy
−$20.4K −$3.60/SF
EGI
$183.6K $32.40/SF
− OpEx
−$68.8K −$12.15/SF
NOI
$114.7K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,294,740
Cap Rate 7%
$1,639,100
Cap Rate 9%
$1,274,856
Alternative Uses
Best Use
Mixed Use
$1.64M
$1.43M – $1.91M
NOI $114,737 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$114.79M
$100.44M – $133.92M
NOI $8,035,283 @ 7.0% cap · market cap 297.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,123
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building near Silverlake and Echo Park with income potential.
Where is this mixed-use property located?
The property is located at 2240 W Temple Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: Prime location in the trendy 90026 zip code, near Silverlake and Echo Park.; Mixed‑use building suitable for both residential and commercial purposes.; Seven (7) unit building.
