2134-2200 W. Temple St. Los Angeles, CA FOR SALE


Los Angeles, CA - Historic Filipinotown
$2,600,000 USD
626-993-5415
, Los Angeles, CA for Sale
$2,600,000 USD
FOR SALE
1/11
null | Request Cap Rate

2134-2200 W. Temple St. Los Angeles, CA
Los Angeles, CA
Historic Filipinotown


HIGHLIGHTS

  • Fully built-out restaurant with a full commercial kitchen.
  • Newly renovated al fresco dining area.
  • Adjacent five-unit multifamily property.
  • Restaurant delivered vacant at close of escrow.
  • Two residential units delivered vacant at closing.
  • Existing rental income from occupied residential units.

OVERVIEW

2134-2200 W. Temple St. offers a rare mixed-use acquisition opportunity in Los Angeles' Historic Filipinotown, combining a fully built-out restaurant with an adjacent five-unit multifamily property. The restaurant features a full commercial kitchen and a newly renovated al fresco dining area, while the residential component provides existing rental income and multiple avenues for future value creation. The property is uniquely positioned for an owner-user seeking to control their operating real estate while benefiting from income generated by the multifamily component. The restaurant will be delivered vacant at the close of escrow, allowing a buyer to immediately occupy and operate the space. The residential units create an opportunity to offset ownership costs through rental revenue, and the potential exists for an owner to occupy one of the residential units, subject to applicable regulations and availability. Investors will find a compelling value-add opportunity through the delivery of the restaurant and two residential units vacant at closing. This vacancy provides flexibility to lease the spaces to new tenants at market rents, creating the potential to increase income and improve overall asset performance. Existing rental income from the remaining residential units offers a foundation for future revenue growth. The combination of restaurant, multifamily, owner-user appeal, and future redevelopment potential makes this a distinctive offering within an established Los Angeles neighborhood. Whether acquired by a restaurateur, investor, or developer, the property provides a versatile mixed-use platform with multiple strategies for occupancy, income generation, and long-term value enhancement.

ASK ABOUT THIS PROPERTY

Joseph LeeElifant GroupMore Info
626-993-5415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Joseph LeeElifant GroupMore Info
626-993-5415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.