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    2214 W Temple St

    Los Angeles, CA 90026
    • $1,395,000
    • STATUS: Active
    • ON SITE: 67 days
    • MLS #: 20-672634
    UPDATED: 44 min ago
    $1,395,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,836
      SQFT
    • $364
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Fourplex or land development opportunity in up and evolving Central City West neighborhood. 1920's California Craftsman with potential for adding units to the site or building a new commercial or multi-family project. Stable cashflow during entitlement process. Opportunity zone. Zimas indicates Tier 2 designation with a 45% increase FAR of at least 3.25%. Each bedroom allocates .5 parking space but no more than 1 space per unit. All buyers to conduct their own site and development investigations and should not rely on this data for investment or future development purposes.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-27T06:43:22.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.searchdesertrealestate.com/homes/112797562
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    2214 W Temple St Los Angeles, CA 90026

    • Price: $1,395,000
    • Status: Active
    • Updated: 44 min ago
    • MLS #: 20-672634
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,836
    SQFT
    $364
    $/SQFT
    1923
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    Fourplex or land development opportunity in up and evolving Central City West neighborhood. 1920's California Craftsman with potential for adding units to the site or building a new commercial or multi-family project. Stable cashflow during entitlement process. Opportunity zone. Zimas indicates Tier 2 designation with a 45% increase FAR of at least 3.25%. Each bedroom allocates .5 parking space but no more than 1 space per unit. All buyers to conduct their own site and development investigations and should not rely on this data for investment or future development purposes.
    Exterior Features

    Carport Spaces Total 0 Covered Parking 0 Garage Structures Total 0 Lot Size Area 7128 Other Structures None Parking Garage Uncovered Total Parking 8

    Interior Features

    Baths Total 0.00 Cooling None Equipment None Heating Other Laundry None

    Property Features

    Alley YN No Assessed Total Value 215691 Gross Income 59800 Gross Operating Income 0 Like Units1 2 Like Units2 2 Net Operating Income 43834.00 Number Of Buildings 1 Number Of Units 4 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 15996 Type Of Units Apartments Year Built Source Assessor Zoning Lac2

    Listing provided courtesy of Michael Edlen DRE#00902158 of Coldwell Banker Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-27T06:43:22.343. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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