1357 W Temple , Los Angeles, CA 90026
$1,020,000
Est. Payment: $5,132.48/mo
7 Bed
6 Bath
1 Sqft
Status: active | Days on site: 3
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House Description

Turnkey 7-Unit Mixed-Use Investment | 10 Cap Rate Welcome to 1357 W Temple Street — a rare, turnkey mixed-use investment opportunity in the heart of Echo Park, one of Los Angeles's most dynamic and rapidly appreciating eastside neighborhoods. This professionally maintained property features four studio units upstairs, plus a downstairs one-bedroom, one-bath unit and two office spaces with an additional bath — the latter offering excellent potential for conversion to residential use, creating additional upside beyond current income. Built in 1912 and thoughtfully modernized over the last 15 years — including roof, plumbing, and electrical updates — the property combines character with functional, income-ready infrastructure. Investment Highlights: 10 CAP rate on current rents, with pro forma upside exceeding 13 CAP Rate Seven units total — flexible mixed-use configuration with residential conversion potential Turnkey condition with recent roof, plumbing, and electrical upgrades Zoned LACW Prime signalized corner on high-traffic Temple Street with easy access to the 101 and 110 Freeways Situated at the crossroads of Echo Park, Silver Lake, and East Hollywood, this property is within walking distance to Echo Park Lake and just minutes from Dodger Stadium, Downtown Los Angeles, Disney Hall, and the Arts District. The surrounding corridor continues to see strong demand from creative, wellness, and media tenants, supporting sustained rental growth and long-term appreciation in a supply-constrained market. Link for OM / Property info / expenses: Call Jason Kim for more info

Highlights

Listed by Jason Kim , 213-705-1919 Coldwell Banker Realty , 562-494-4600. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1912

County

Los Angeles

Area

632 - Highland Park

Listing ID

PW26162171

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:6
  • Full Bathrooms:
Appliances:Electric Oven
Air Cond:Wall/Window Unit(s)
Fireplaces:
Floor:Vinyl
Other:Multiple Staircases,French Door(s)/Atrium Door(s)
Other:Public

Exterior Features

Lot:6-10 Units/Acre,No Land Lease
Garage Capacity:0
Zoning:LACW
Roof:Composition
Others:Turnkey,Drywall,Glass,Plaster,2+ Total Units
Sewer:Public Sewer
Principal Interest
$5,132
Taxes
$650

Home Price

$1,020,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$204,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,132.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,132.48 $650.25 $0.00 $5,782.73
Yearly $61,589.74 $7,803.00 $0.00 $69,392.74
Total $1,847,692.35 $234,090.00 $0.00 $2,081,782.35

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T14:37:52.000Z

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