2240 W Temple Street Los Angeles, CA ^$ 2,500,000

2240 W Temple Street

^$ 2,500,000

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2240 W Temple Street

Los Angeles, CA, 90026

^$ 2,500,000

Bedrooms8 Baths4.0 Sq 5,400

Monthly Estimate*

^$ 17,463

Listed by Beverly and Company

2240 W Temple Street, Los Angeles, CA 90026 - Image 1

2240 W Temple Street, Los Angeles, CA 90026 - Image 2

2240 W Temple Street, Los Angeles, CA 90026 - Image 3

2240 W Temple Street, Los Angeles, CA 90026 - Image 4

2240 W Temple Street, Los Angeles, CA 90026 - Image 5

2240 W Temple Street, Los Angeles, CA 90026 - Image 6

2240 W Temple Street, Los Angeles, CA 90026 - Image 7

2240 W Temple Street, Los Angeles, CA 90026 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $2,500,000 with 8 bedrooms and 4 full baths. This 5,400 square foot home was built in 1905 on a lot size of 0.1301.

Location! Location! Location! This property is a mixed-use building with 7 units; 3 residential and 4 storefronts. Located at the corner of Temple Street and Rosemont Avenue in the 90026 zip code area of Los Angeles in "Historic Filipinotown" which is also known for its trendy and diverse neighborhoods such as Silverlake and Echo Park. The mixed-use building is conveniently situated near public transportation with several bus lines that run in the general vicinity of this address. The property can be used for both residential and commercial purposes, which makes it a unique investment opportunity for those looking to generate rental income. This area is undergoing a significant transformation with new construction condominium developments, which increase the property values and potentially even new businesses or amenities. Less than 3 miles distance from Downtown Los Angeles. Easy access to Fwy entrance.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

MixedUse

Lot Size

0.1301

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24048175

Days on Market

Features

General

Sewer PublicSewer

Zoning LAC2

Garage Spaces 0.0

Pool Features None

Year Built 1905

Stories 2

Levels Two

Property SubType MixedUse

Gross Income 184224.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 148279.0

Operating Expense 35945.0

Insurance Expense 6045.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions 101 Fwy South Exit onto Benton Way turn left onto W. Temple on your right

City Los Angeles

Entry Location Ground

View Y/N N

Senior Community Y/N N

Total Units 7

MLS Area C21 - Silver Lake - Echo Park

Lot Size Square Feet 5666.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 7

Street Name Temple

Listing Terms Cash CashtoExistingLoan CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1800.0

Home Warranty Y/N N

Fuel Expense 1200.0

Trash Expense 1200.0

Water Sewer Expense 3000.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 20

Property Sub Type Additional MixedUse

Exterior

Lot Features CornerLot

Water Source Public

Total Parking 0.0

Lot Size Area 5666.0

Number of Buildings 1

Spa N

Building Area Total 5400.0

Lot Size Acres 0.1301

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features ElectricDryerHookup GasDryerHookup

Entry Level 4

Electric On Property Y/N N

Internal Only

Street Number 1 2240

* Excluded Features

List By

Beverly And Company

Broker

(818) 371-2656

Phone

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,020,253

Percent of Sale Price 19%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/10/2024	$2,500,000		Listed Price

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2240 W Temple Street, Los Angeles, CA, 90026 is a Multi-Family Home for sale at $2,500,000 with 5,400 sqft and a lot size of 0.1301. 2240 W Temple Street has 8 bedrooms, 4.0 baths, and was built in 1905. The property's zip code is 90026 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. 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.

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2240 W Temple Street

Multi-Family Home for sale in Los Angeles, CA

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