3 months on rocket

1218 W Temple St, Los Angeles, CA, 90026

$1,100,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
860 SqFt
$1,279/SqFt
House
Schools Nearby

Location

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1218 W Temple St, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway
Year Built1920
FireplaceNone
ViewNone
MLS #24349075
Lot Size0.11 Acres
StatusActive

About 1218 W Temple St

Seller motivated, and will consider financing! 2 Income properties included. Great owner/user or small development project in downtown Los Angeles! Located on the Temple St. corridor, the property is zoned LACW which is excellent zoning for multiple purposes. The property consists of 2 storefront spaces on Temple St, with a SFR 2 bed, 1 bath house in the back. Perfect for a work from home office, boutique design studio, or build more units. The 2 unique storefronts have 10 ft. ceilings and are fully leased, they expire Jan 1 2025- adds $17,280 in annual income while going through entitlements or renovating the home. Commercial space can be shown, but not the house- being sold as a fixer. Close to Echo Park and easy access to Dodger Stadium. This area has been a recent hot spot for new development, with restaurants, bakeries, more.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 1
  • Living Area: 860 SqFt

Listing Office:

  • Office Name: RLG Properties, Inc.
  • Office Phone: (818) 679-2046
  • Listing Agent: Jerry Hoffman

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Carpet
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

School Info

Assigned Schools Information:

  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Ramon C. Cortines School of Visual and Performing, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Sal Castro Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Betty Plasencia Elementary School, Public Magnet Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Exit 101 at Glendale Blvd. Go under freeway to Temple St. Heads toward downtown, the property is on the right just before Boylston, which is a signalized corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $1,279/SqFt

Tax Information:

  • Annual Amount: $9,411
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1218 W Temple St vs Los Angeles

101 DAYS ON ROCKET

+67 Days

$1,100,000

+$124K More

$1,279/SqFt

+$651 More

KEY TAKEAWAY

This property is $124K more than the Median Sold Price and $651/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24349075

Listing Office:

  • Office Name: RLG Properties, Inc.
  • Office Phone: (818) 679-2046
  • Listing Agent: Jerry Hoffman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 10:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,411$760,364
2020$9,136$752,569
2019$9,027$737,814
2018$8,836$723,348
2017$8,836$709,166

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2665974
4
/10

  • Betty Plasencia Elementary School

  • 1321 Cortez St

  • 0.17 miles

  • Public Magnet Grades KG-6

school-card-donut-2665975
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.44 miles

  • Public Magnet Grades KG-6

school-card-donut-2665976
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 23.94 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2665977
4
/10

  • Sal Castro Middle School

  • 1575 W 2nd St

  • 0.72 miles

  • Public District Grades 6-8

school-card-donut-2665978
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.88 miles

  • Public District Grades 6-8

High School

school-card-donut-2665979
3
/10

  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 0.23 miles

  • Public District Grades 9-12

school-card-donut-2665980
5
/10

  • Ramon C. Cortines School of Visual and Performing

  • 450 N Grand Ave

  • 0.63 miles

  • Public District Grades 9-12

school-card-donut-2665981
1
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 0.67 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,802. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1218 W Temple St

What is the listing price of this property?

The listing price of 1218 W Temple St property is $1,100,000.

What type of property is this?

The property 1218 W Temple St is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 1218 W Temple St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1218 W Temple St are:
Betty Plasencia Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Sal Castro Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Edward R. Roybal Learning Center: GreatSchools Rating 3/10
Ramon C. Cortines School of Visual and Performing: GreatSchools Rating 5/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,411 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1218 W Temple St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1218 W Temple St is 860 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1218 W Temple St is 1920.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›1218 W Temple St

This home is located at 1218 W Temple St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 860 square foot home, which was built in 1920, sits on a 0.11 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 18, 2024 and is currently priced at $1,100,000.

While more than 628 listings in Los Angeles, CA in March 2024 were sold above asking price, there were more than 196 listings sold at asking price, and more than 579 were sold below. In March 2024 in Los Angeles, CA there were 10.8% more homes for sale than in February 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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