$1,198,000

Positioned along the vibrant Temple Street corridor near Echo Park, Silver Lake, and Downtown Los Angeles, 1361 W. Temple Street presents a compelling five-unit multifamily investment with value-add potential. Occupying a corner lot, the property features a four-unit building facing W. Temple Street and a detached bungalow facing Douglas Street. Separately metered for gas and electricity, this five-plex offers opportunities for investors seeking rental income and long-term growth, as well as buyers considering owner-occupancy. Conveniently located near dining, shopping, entertainment, and major employment centers, the property combines a central Los Angeles location with the potential to enhance the existing units and explore future possibilities. The next-door property is also currently on the market, presenting an opportunity to acquire both properties and assemble a larger site for potential future redevelopment. This additional possibility broadens the appeal for buyers pursuing a larger investment or development strategy. Capitalize on the possibilities at 1361 W. Temple Street by enhancing a five-unit investment by pursuing a larger vision with the neighboring property. Contact us today to explore the opportunity and schedule a private showing. Acquisition of the neighboring property is separate; any assemblage, redevelopment, mixed-use plans, rent adjustments, or owner-occupancy are subject to applicable regulations, zoning verification, and required approvals.