$739,000

1522 W Temple Street, Los Angeles, CA 90026

4,399

Lot Size

3

# Of Units

Listing Agent
Ken Shapiro - Silverwood Properties

Set right in the thick of the red hot Hi Fi (Historic Filipinotown)/South Echo Park pocket, this triplex is priced to sell. Walking distance to so many things: right across the street from Echo Park public tennis courts; two blocks from Echo Park Lake; right around the corner from two hugely popular, classic neighborhood eateries - Clark Street Echo Park Cafe/Bakery and Gra Sourdough Pizza and Natural Wine; literally a three minute drive to downtown without using a freeway; and only a one minute drive to get onto the 101 Freeway, to get anywhere in the city in any direction fast. The property itself features one unit that has no common walls, and a back yard that offers great outdoor enjoyment for tenants in all three units. There is huge upside on rents, but meanwhile the current rents will make the property pay for itself each month. One of the owners is a professional handyman and has used his skills and experience to care for and maintain the property in very serviceable condition over the 10 years they have owned it. They would be keeping the property forever, but they are selling it and using the proceeds to help purchase a home for their daughter in N.Y. They are passing on tenants to the new owners who they say have been a joy to work with. This will be a great income property to add to your portfolio or to start one if you are new to investment property.

Facts & Features

MLS® # 22159753
Price $739,000
Bathrooms 0.00
Lot Size 4,399
Year Built 1910
Type Residential Income
Style Bungalow
Status Pending
# Of Units 3

Community Information

Address 1522 W Temple Street
Area C21 - Silver Lake - Echo Park
City Los Angeles
County Los Angeles
State CA
Zip Code 90026

Amenities

Parking None
Garages None
View None
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Disposal
Has Basement No
Fireplace Yes
Fireplaces None

Additional Information

Date Listed May 23rd, 2022
Days on Market 2
Zoning LACW
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentKen Shapiro
OfficeSilverwood Properties

Listing Map

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