2214-2216 W. Temple Street Los Angeles, CA 90026
2214-2216 W. Temple Street
Los Angeles, CA 90026
Los Angeles, CA 90026
Property Type
Land
Status
For Sale
Size
3836 SQ. FT
Parking
Large yard for parking
FOURPLEX OR LAND FOR DEVELOPMENT UP AND EVOLVING CENTRAL CITY WEST NEIGHBORHOOD
Premises: ± 3,836 SF 2-Story Building
± 7,128 SF Land
Price: $1,700,000
Cap Rate: 2.6% Actual
Price/Unit: $425,000 per door
Occupancy: 100%
Apartment Style: California Craftsman
Features
- Developer can build a new commercial or multi family project or add additional units to the site
- Stable cash flow during entitlement process
- Opportunity zone
- Zimas indicates Tier 2 designation with a 45% increase FAR of at least 3.25% 1/2 parking spaces per bedroom | no more than 1 space per unit
Agents
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