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    2214 W Temple Street

    Los Angeles (City), CA 90026
    • $1,300,000
    • STATUS: Active
    • ON SITE: 111 days
    • ID#: 20672634
    UPDATED: 62 min ago
    $1,300,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,836
      SQFT
    • $339
      $/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. Currently 100% leased!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T21:28:36.923. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/112797908
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    2214 W Temple Street Los Angeles (City), CA 90026

    • Price: $1,300,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 20672634
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,836
    SQFT
    $339
    $/SQFT
    1923
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    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. Currently 100% leased!
    Exterior Features

    Carport Spaces 0.00 Garage Spaces 0.00 Lot Size Source Assessor Lot Size Units Square Feet Parking Features Uncovered Parking Total 0.00 Parking YN Yes

    Interior Features

    Cooling None Cooling YN No Laundry Features None

    Property Features

    Country Us Gross Income 59800.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Laundry YN No Net Operating Income 43834.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 15996.00 Zoning Lac2

    Listing provided courtesy of Michael Edlen of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T21:28:36.923. 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 deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691