$2,750,000
$2,750,000
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3121 W TEMPLE ST Los Angeles, CA 90026
7,840 Sqft Lot
Key Details
Sold Price $2,750,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 22128287
Sold Date 06/21/22
HOA Y/N No
Year Built 1964
Lot Size 7,840 Sqft
Property Description
High Visibility Corner Office Building on Temple Street in Historic Filipinotown. An owner/user can occupy the ground floor +/-3,150 Square Foot space, and collect rent from the 2nd floor, which is leased until August 2024. Owner Users may qualify for SBA financing with a 10% down payment. Alternatively, an investor can lease the first floor. The building is centrally located with easy access to Silverlake, Echo Park, DTLA, and the rest of Los Angeles via the 101 Freeway. In recent years Historic Filipinotown has undergone a revival with rapid apartment development and an influx of new restaurants, bars and entertainment companies. The property is near restaurants Woon, Doubting Thomas, and World Famous Tommy's Hamburgers. Nearby bars include Genever, 1642, and Crawfords. Film makers Blumhouse and Rideback Ranch have brought a Hollywood presence to the area. Floor One: Open Floorplan with ample storage for a flex user/Two Restrooms/Kitchen/breakroom/Two Large Private Offices, suitable for 5-6 employees/Open Desk Space/HVAC/10 Ft. ceiling. Floor Two: Improved Creative Office Space/8 Large Private Offices/High Ceilings, ample natural light/Polished concrete floors/Kitchen/Two Restrooms, one with Urinal/HVAC/16 Ft. ceiling.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning RAS3-1VL
Interior
Fireplace No
Exterior
Total Parking Spaces 16
Building
Lot Description Corner Lot
Story 2
Others
Tax ID 5156008022
Special Listing Condition Standard
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Bought with Joshua Nixon Westside Estate Agency Inc.