Mixed-Use Building in Prime
2240 W Temple Los Angeles, CA 90026
2240 W Temple, Los Angeles, CA, 90026
$2,700,000
For Sale
$2,700,000
Mixed-use building near Silverlake and Echo Park with income potential.
Property Size5,666 SF
Lot Size0.12 Acres
Price / SF$476.53
Days on Market264
Property Features for 2240 W Temple
General Information
- Standard status
- Active
- Size
- 5,666 SF
- Lot size
- 0.12 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1905
Listing Agency
BEVERLY AND COMPANY
(818) 835-4414
Listed by
ROSI AGOPIAN · License #01988068
Source
Corcoran
Added: Oct 31, 2025 Updated: Jul 10 at 3:46 pm Checked: Jul 20 at 3:51 am
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
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.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $204.0k | $36.00 |
| − Vacancy | −$20.4k | −$3.60 |
| EGI | $183.6k | $32.40 |
| − OpEx | −$68.8k | −$12.15 |
| NOI | $114.7k | $20.25 |
5,666 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Minimarket y Variedades
Department Store
Similar For Sale Nearby
FAQs
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.
