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    2214 W Temple Street

    Los Angeles (City), CA 90026
    • $1,300,000
    • STATUS: Pending
    • ON SITE: 120 days
    • ID#: 20672634
    Pending
    UPDATED: 163 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 2021-04-21T18:50:10.68. 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 Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/112797908
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    2214 W Temple Street Los Angeles (City), CA 90026

    • Price: $1,300,000
    • Status: Pending
    • Updated: 163 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 Parking Features Uncovered Parking Total 0

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Garage YN No Gross Income 59800 Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 43834 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lac2

    Listing provided courtesy of Michael Edlen of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-21T18:50:10.68. 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 Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Team Forss Realty Group
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    Temecula CA, 92592