Active

$1,199,999

For sale

1357 W••••• Temple St (Sign up for 50 free credits to unlock)Los Angeles, CA 90026

0Beds

-Baths

1Sq Ft Living

2,993Sq Ft Lot

1912Year Built

Property 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

Property Facts & Features

Property Type: Multi Family
Status: Active
Listed: Jul 24, 2026
Price per Sq Ft: $1199999/sqft
ZIP Code: 90026
Stories: 2
Heating: Floor Furnace
Cooling: Wall/Window Unit(S)
Construction: Plaster, Glass, Drywall Walls
Style: Custom Built
Property Tax (2025): $2,622/yr
Assessed Value: $184,962
Last Sold: $118,000 · Mar 8, 2000
Neighborhood: Echo Park
County: Los Angeles
School District: Los Angeles Unified School District

Features & Amenities

Land Info

Additional Parcels: No
Land Lease: No
Lot Description: 6-10 Units/Acre
Lot Size Acres: 0.0687
Lot Size Source: Assessor
Lot Size Square Feet: 2992

Utilities

Electric: Electricity - On Property
Electric Expense: 1200
Sewer: Public Sewer
Natural Gas Available
Cable Available
Electricity Available
Water Source: Public

Appliances

Electric Oven
Laundry Features: Common Area

Other Rooms

Office
Multi-Level Bedroom

Rental Info

Gross Income: 115200
Gross Scheduled Income: 115200
Tenant Pays: All Utilities
Rent Control: Yes

Home Features

Green Energy Efficient: Appliances

Commercial Info

Net Operating Income: 102194
Operating Expense: 13006

Multi-Unit Info

Number of Units: 7
Bedrooms in Unit-1: 0
Unit-1 Furnished Description: Unfurnished
Unit 1 Total Actual Rent: 9600

Interior Features

2 Staircases
Door Features: Atrium Doors
Flooring: Vinyl

Heating and Cooling

Cooling Features: Wall/Window Unit(s)
Heating Features: Floor Furnace
Heating: Yes

Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 10
Insurance Expense: 790
Area: 632 - Highland Park
Source Neighborhood: 632 - Highland Park
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 5160005006
Professional Management Expense: 2400
Trash Expense: 1200
Zoning: LACW
Property Subtype: Commercial/Residential

Building and Construction

Year Built: 1912
Common Walls: 2+ Common Walls
Construction Materials: Plaster, Glass, Drywall Walls
Entry Level: 1
Entry Location: Street
Foundation Details: Brick/Mortar
Levels: Two
Property Age: 114
Property Attached: Yes
Property Condition: Turnkey
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Elevation Units: Feet
Year Built Source: Assessor
Architectural Style: Custom Built

Exterior and Lot Features

Fencing: Fair Condition
Road Frontage Type: City Street
Road Surface Type: Alley Paved

Amenities and Community Features

Community Features: Dog Park, Storm Drains, Sidewalks, Park

Price & Event History

Date	Event	Price	$/Sq Ft
Aug 12, 2026	Price Changed	$1,199,999	-
Jul 24, 2026	Listed	$1,020,000	-
Jun 5, 2024	Listing removed	-	-
Feb 4, 2024	Listed	$1,329,162	$498
Jan 9, 2021	Listing removed	-	-
Oct 7, 2020	Listed	$1,488,000	$558
Sep 18, 2019	Listing removed	-	-
Jun 17, 2019	Listed	$1,298,000	$486
Oct 7, 2018	Listing removed	-	-
Oct 6, 2018	Listing removed	$1,500,000	$562
Jul 4, 2018	Listed	$1,500,000	$562
Mar 8, 2000	Sold	$118,000	$44
Jun 23, 1981	Sold	$75,000	$28

Property Tax History

Year	Tax	Assessed	Land	Building
2025	$2,622	$184,962	$125,716	$59,246
2024	$2,558	$181,336	$123,251	$58,085
2023	$2,519	$174,297	$118,466	$55,831
2022	$2,418	$170,881	$116,144	$54,737
2021	$2,372	$167,531	$113,867	$53,664
2020	$2,390	$165,814	$112,700	$53,114
2019	$2,309	$162,564	$110,491	$52,073
2018	$2,241	$159,377	$108,325	$51,052
2017	$2,199	$156,252	$106,201	$50,051
2016	$2,121	$153,189	$104,119	$49,070
2015	$2,094	$150,889	$102,556	$48,333
2014	$2,109	$147,935	$100,548	$47,387

Nearby Schools

4/10
Betty Plasencia Elementary School
Public · Elementary · Grades K-5
0.1 mi
3/10
Belmont Senior High School
Public · High · Grades 9-12
0.6 mi
5/10
Sal Castro Middle School
Public · Middle · Grades 6-8
0.6 mi
NR
Our Lady Of Loretto Elementary School
Private · Elementary, Middle
0.5 mi