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2224 W Temple St 13,200 SF 2% Leased Industrial Building Los Angeles, CA 90026 $4,500,000 ($340.91/SF) 3.60% Cap Rate
EXECUTIVE SUMMARY
Prime development opportunity in Historic Filipinotown neighborhood in Los Angeles. This rare offering includes two adjacent parcels totaling approximately 13,200 square feet. The combined lot features a corner property with an industrial auto body shop and an adjacent street-to-street vacant lot currently use as a parking area. Ideal for expansion, new construction, or a multi-residence project. Buyer (s) and Buyer's Broker are not to rely on any information/documents that are provided by the Seller and/or Seller's Broker, they must carry out their own due diligence, including investigations and information from Los Angeles County/ City and third-party reports.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $4,500,000 | Property Type | Industrial |
| Price Per SF | $340.91 | Rentable Building Area | 13,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Cap Rate | 3.60% | Year Built | 1989 |
| Sale Conditions |
| Price | $4,500,000 |
| Price Per SF | $340.91 |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.60% |
| Sale Conditions | |
| Property Type | Industrial |
| Rentable Building Area | 13,200 SF |
| No. Stories | 2 |
| Year Built | 1989 |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Temple Auto Body
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Temple Auto Body | Retailer | 99,999 SF | - | Lorem Ipsum | - |
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Walk Score®
Walker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 5157-018-059 | Improvements Assessment | $415,582 (2025) |
| Land Assessment | $1,312,373 (2025) | Total Assessment | $1,727,955 (2025) |
PROPERTY TAXES
Parcel Number
5157-018-059
Land Assessment
$1,312,373 (2025)
Improvements Assessment
$415,582 (2025)
Total Assessment
$1,727,955 (2025)
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Presented by
Lenny Coltun Realty
2224 W Temple St
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