1227 W Temple St, Los Angeles, CA 90026
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1227 W Temple St Los Angeles, CA 90026

$2,500,000
  • -- Beds
  • -- Baths
  • 5,076 Sq.Ft.
For Sale
$2,500,000 Get Pre-Qualified

Map preview of 1227 W Temple St, Los Angeles, CA 90026

Property Overview: 1227 W Temple St Los Angeles, CA has -- bedrooms, -- bathrooms, 5,076 living square feet and 10,737 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent opportunity for an owner-user or investor to purchase a two-story, freestanding commercial building of approximately 5,076 square feet located on 10,736 square feet of CW-zoned land. The property is fenced and features excellent on-site parking with an automatic gate entrance. The building is demised into multiple suites which allows an owner-user the ability to occupy a portion of the property and collect supplemental income from the tenants. Alternatively, the smaller suites allow an investor to mitigate vacancy risk and command higher lease rates. The building is located in the heart of trendy Echo Park, and the site has easy access to Downtown Los Angeles, Silver Lake, Glendale, and the 101, 110, 5 and 2 freeways! Call for more information and to schedule a tour!

Listed by David Stevenson | BRE #01228475 | Stevenson Real Estate Services
Last checked: 7 minutes ago | Last updated: July 31st, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
10,737
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Office
Status
Active
MLS#
GD24157272
City
Los Angeles
County
Los Angeles
Time on Site
49 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1227 W Temple St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Common Interest: None
Property Information
  • Parcel Number: 5160023006
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: From Glendale Blvd, turn left onto W Temple St, then turn left onto Firmin St
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Sale History for 1227 W Temple St

View property's historical transactions
  • July, 2024

  • Jul 31, 2024

    Date

    Active

    CRMLS: GD24157272

    $2,500,000

    Price

Tax History for 1227 W Temple St

Assessed Value (2020): $190,859
Year Land Value Improved Value Assessed Value
2020 $91,341 $99,518 $190,859

Home Value Compared to the Market

This property vs the competition

1227 W Temple St is listed 108.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $492.51 per/sqft which puts the price per square foot 35.87% lower than the median price per square foot for the city of Los Angeles.

About 1227 W Temple St

Detailed summary of property

1227 W Temple St is a office located in Los Angeles, CA 90026 and is currently for sale. This office offers -- bedrooms, -- bathrooms, roughly 5,076 living square feet, and sits on an approximately 10,737 square foot lot. 1227 W Temple St was first listed on ArdentRealEstateGroup.com on July 31, 2024. The homeowner is currently asking $2,500,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 108.33% higher than the median priced home. Local competing homes currently for sale include 16072 Arrow Blvd #A, 504 N Mountain View Ave and 930 Colorado Blvd #1. While the average home in Los Angeles, CA is selling in 106 days, 1227 W Temple St has a days on market of 44 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1227 W Temple St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1227 W Temple St

Public county record property details
Beds
--
Baths
--
Year built
1959
Sq. Ft.
5,076
Lot Size
5,556
Stories
2
Type
Office Bldg (Multi-Story)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5160-023-006

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.