Property listed by Coldwell Banker Realty, Jason Kim 213-705-1919
$1,199,999
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… Read More 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 Read Less
CableAvailable, ElectricityAvailable, NaturalGasAvailable, Water Source: Public, ElectricityOnProperty, 3 separate electric meters, 3 separate gas meters, 3 separate water meters
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