1534 W Temple · Los Angeles, CA 90026

$1,699,000

12 bd · 6.0 ba · 5,450 sqft · MultiFamily public records · 94 Days on market

Built 1922 4,400 sqft lot $312/sqft · 6% above area Est $1609k · 6% over

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.9/30.0
• DSCR +7.3/10.0
• 1% rule +5.7/10.0
• ARV discount +5.0/15.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 6 units. confirmed

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks MLS

Well-located strategic 6-unit investment opportunity in the heart of Echo Park / Historic Filipinotown. Located along the Temple Street corridor just minutes from Echo Park Lake, Downtown LA, Silver Lake, Dodger Stadium and major employment centers, this property sits in one of Los Angeles’ most vibrant and high-demand rental neighborhoods. The property features six (6) two-bedroom, one-bathroom units across three separate buildings on one lot. The configuration offers flexibility for investors or potential owner-users looking to live in one unit while generating income from the others. Strong tenant demand, a central location, and proximity to some of LA’s most popular dining, cultural, and entertainment destinations make this a compelling long-term investment opportunity. Note: Street parking only Buyer to verify all information including square footage, zoning, permits, and current rent amounts.

Key facts

• Proximity to dining
• Central location
• 4,400 sq ft lot

Tags

• CENTRAL LOCATION
• PROXIMITY TO DINING

What this means for you Summary

Snapshot

• This is a 6 × 2-bed/1.0-bath units multifamily listed at $1.70M.

Deal economics

• At list price, monthly cash flow is $3k ($36k/yr) — positive. Per door: $496/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($18k rent vs $1.70M).
• Recommended offer: $1.55M (9.0% below list) — sets the bar for market timing.
• Cap rate 8.4% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, schools D+, crime F.
• Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents soft (-0.0%/yr); 179 active listings in the ZIP; solid renter incomes; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).
• At $18,215/mo this rent would consume 250% of the median local household income ($87k/yr) (locally 4974% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $12k of loan paydown is wiped out by about $51k of value loss. Plan a longer hold.
• Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.

Negotiation context

• It's been on market 94 days — a 9% lower offer ($1.55M) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1922 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $1,546,090 (9.0% below list)

Questions for the listing agent

1. It's been on market 94 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1922 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.07% ✓
• Cap rate: 8.40%
• Cash-on-cash: 7.51%
• DSCR: 1.33
• GRM: 7.8

CMA / ARV

• ARV (median comp): $1,608,818
• List price: $1,699,000
• Delta: 5.61%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
125 N Mountain View Ave	0.51mi	11/10.0 (-1)	4,950 (-9%)	4mo	$1,975,000	$399	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -8.2%
• Equity multiple: 0.71×
• Total profit: $-139,031
• Equity at exit: $253,326

10-year hold

• IRR: -3.0%
• Equity multiple: 0.83×
• Total profit: $-82,940
• Equity at exit: $146,898

Cash invested: $475,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City Los Angeles: 0 Strongly Tenant-Friendly · D+22

LARSO + JCEO 2023; relocation for substantial remodel evictions.

Methodology + full state rankings →

ZIP-level market 90026

• Rents YoY: -0.0%
• Active inventory: 179
• Price-to-rent: 46.6×

Monthly cashflow live

• Estimated rent: $18,215 high
• Mortgage (P&I): −$8,910
• Tax from tax record: −$1,795 /mo · $21,546/yr
• Insurance: −$708
• HOA: −$0
• Vacancy / Maint / Mgmt: −$3,825
• Net cashflow: $2,977

Break-even live

Break-even rent $14,447

Max offer price $1,699,000

Occupancy floor 79%

Sensitivity live

Price	-10% $3,938	-5% $3,458	+0% $2,977	+5% $2,496	+10% $2,015
Rent	-10% $1,538	-5% $2,257	+0% $2,977	+5% $3,696	+10% $4,416
Rate	-1.0pp $3,832	-0.5pp $3,409	base $2,977	+0.5pp $2,536	+1.0pp $2,089

6-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 6× units	2	1	$18,216
Total (6 units)			$18,215

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $424,750
• Closing costs: $50,970
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-18
   days on market $1,699,000 Active 94 DOM
2. 2026-06-17
   days on market $1,699,000 Active 93 DOM
3. 2026-06-16
   days on market $1,699,000 Active 92 DOM
4. 2026-06-15
   days on market $1,699,000 Active 91 DOM
5. 2026-06-13
   days on market $1,699,000 Active 89 DOM
6. 2026-06-09
   days on market $1,699,000 Active 85 DOM
7. 2026-06-08
   days on market $1,699,000 Active 84 DOM
8. 2026-06-07
   days on market $1,699,000 Active 83 DOM
9. 2026-06-04
   days on market $1,699,000 Active 80 DOM
10. 2026-06-03
    days on market $1,699,000 Active 79 DOM
11. 2026-06-02
    days on market $1,699,000 Active 78 DOM
12. 2026-06-01
    days on market $1,699,000 Active 77 DOM
13. 2026-05-31
    days on market $1,699,000 Active 76 DOM
14. 2026-03-16
    listed $1,699,000 Active 927-char remark

    Show marketing remark (927 chars)

    Well-located strategic 6-unit investment opportunity in the heart of Echo Park / Historic Filipinotown. Located along the Temple Street corridor just minutes from Echo Park Lake, Downtown LA, Silver Lake, Dodger Stadium and major employment centers, this property sits in one of Los Angeles’ most vibrant and high-demand rental neighborhoods. The property features six (6) two-bedroom, one-bathroom units across three separate buildings on one lot. The configuration offers flexibility for investors or potential owner-users looking to live in one unit while generating income from the others. Strong tenant demand, a central location, and proximity to some of LA’s most popular dining, cultural, and entertainment destinations make this a compelling long-term investment opportunity. Note: Street parking only Buyer to verify all information including square footage, zoning, permits, and current rent amounts.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $21,546 · $1,795/mo
• Projected year-2 tax: $21,546 · $1,795/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥94°F today · 21 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 5/10 Major 8 unhealthy d/yr today · 8 by 30 yrs out

Taxation est. · year 1

• Rental income: $218,580
• − Mortgage interest: −$95,170
• − Property taxes: −$21,546
• − Insurance: −$8,495
• − Repairs & maintenance: −$17,486
• − Management: −$17,486
• − Depreciation: −$49,425
• Taxable income: $8,971
• Est. tax owed @ 24.0%: −$2,153
• After-tax cash flow: $33,568/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Los Angeles Unified
• NCES district ID: 0622710
• Math proficiency: 29% ▼ -4.00%
• Reading proficiency: 54% ▲ 10.00%
• Median HH income: $50,403
• Composite: 35.67/100
• National rank: #4875
• State rank: #223 of 517 in CA

Livability — Los Angeles

• Score: 68/100
• State rank: #273
• US rank: #9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Los Angeles, CA
• County: Los Angeles County · 9,444,647 people
• City population: 3,838,149
• Metro: Los Angeles-Long Beach-Anaheim, CA
• Population (ZIP): 62,692
• Household income: $87,334
• Rent vs Own: 76.5% rent · 23.5% own
• Severe rent burden: 4974.0

Population outlook (Los Angeles County) Hauer SSP2

• Today (2025): 10,940,515 people
• By 2030: 11,256,481 · +2.9%
• By 2040: 11,729,929 · +7.2%
• By 2050: 11,948,407 · +9.2%
• By 2075: 11,818,114 · +8.0%
• By 2100: 10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.67)
• Race & ethnicity: Hispanic / Latino 46% White 31% Asian 13% Two or more races 13% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 26%
• Common ancestry: Lithuanian 2% Italian 2% Romanian 1%
• Foreign-born: 34% · Canada, China, South Korea
• Languages at home: 47% English-only · Spanish 39% Tagalog/Filipino 5% Chinese 2%

Political lean MEDSL · Los Angeles

• 2024 margin: Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
• 2008→2024 swing: -7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
• All cycles: 2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -1087.70%
• Current HPI: 456.3465
• Rent YoY: ▬ -0.01%
• Metro: Los Angeles-Long Beach-Anaheim, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

1 event — show timeline

• 2026-03-16 Listed $1,699,000 CRMLS

Property tax history

+10.0%/yr

Latest (2025): $21,546 · +1.3% YoY. Source: county tax records.