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$1,625,000

  • For Sale
  • Active
  • Multi-Family
  • 15 Total Beds
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CASH COW! An exceptional opportunity to own a 6-unit private student housing property near the University of Southern California. Located within USC's Department of Public Safety Patrol Zone and Campus Cruiser area, this asset offers immediate income with a 6.9% CAP Rate. The property includes a renovated 4-unit building built in 1912 with one fully remodeled unit featuring new plumbing, HVAC, electrical, kitchen, baths, flooring, lighting, doors, windows, and upgraded main water line and electric panel. In addition, there is a brand new 2-story ADU built in 2024 with two 3-bedroom, 3-bathroom townhome-style units designed for student living with modern finishes and efficient systems. The property offers potential for up to 30 beds with double occupancy layouts and is within walking distance to USC Campus, Metro Line, USC Village, and Exposition Park, property located within DPS patrol zone and ride share program. the property is surrounded by strong student rental demand! This investment combines strong existing income with major upside through student unit conversions.

Full Property Details for 2119 S Union Ave

General

  • Price: $1,625,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25546793
  • Updated: 12/1/2025
  • Added to Site: 230 day(s) ago

Interior

  • Interior Features: Common Walls
  • Cooking Appliances: Gas/Electric Range, Microwave
  • Flooring: Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 11

Bedrooms

  • Total Bedrooms: 15

Other Rooms

  • Laundry: In Unit

Additional Information

  • Security/Safety: Fire and Smoke Detection System, Carbon Monoxide Detector(s)
  • Other Features: Accessory Bldgs

Parking

  • Garage Description: Driveway

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: Take the 10 Freeway and exit at Hoover Street. Go south on Hoover, then turn left on 23rd Street. Turn right on Union Avenue. The property is on the right side between 21st and 22nd Street at 2119 S Union Ave.

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Central

Structural Information

  • # Buildings: 2
  • Architectural Style: Craftsman
  • Common Walls: Attached
  • Stories/Levels: 2
  • Square Feet: 6,671
  • Sq. Ft. Source: Owner
  • Year Built: 1912
  • Year Built Source: Seller
  • Property Condition: New Construction, Updated/Remodeled

Unit Information

  • Units in Complex: 6
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 5

  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 6

  • Total Bathrooms: 3
  • Bedrooms: 3

Additional Structures

  • Other Structures: Accessory Bldgs

Lot Features

  • Lot Size (Acres): 0.1607
  • Lot Size: 6999
  • Lot Size Source: Vendor Enhanced
  • Zoning: LARD2
  • Lot Description: Fenced Yard

Financial Considerations

  • Price Per Sq. Ft.: $243.59
  • Assessment Year: 1912
  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Trash Collection, Gas, Water

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 5124-002-010

Listed by Keller Williams Los Angeles, Michael R. Fukushima and Keller Williams Los Angeles, Stephen F. Watson

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Listing agents

— 2119 S Union Ave —

  • Michael R. Fukushima

    Keller Williams Los Angeles

  • Stephen F. Watson

    Keller Williams Los Angeles

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2119 S Union Ave

School District:Los Angeles Unified School District
NameGradesDistance
Norwood Street Elementary School
2020 Oak Street, Los Angeles, CA 90007
K-50.3 mi
John Adams Middle School, Los Angeles, CA
151 West 30th Street, Los Angeles, CA 90007
6-81.2 mi
West Adams Preparatory High School
1500 West Washington Boulevard, Los Angeles, CA 90007
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2119 S Union Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2025
Listed
$1,625,000
85.71%
MLS
2/08/2023
Sold
$875,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2119 S Union Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,601
152%
$910,350
180%
2023
$4,612
4%
$324,635
2%
2022
$4,423
2%
$318,270
2%
2021
$4,340
-1%
$312,030
1%
2020
$4,373
4%
$308,832
2%
2019
$4,223
3%
$302,777
2%
2018
$4,087
2%
$296,841
2%
2017
$4,009
4%
$291,021
2%
2016
$3,862
1%
$285,316
2%
2015
$3,812
-1%
$281,031
2%
2014
$3,852
—
$275,527
—
2013
$3,847
—
$274,283
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 2119 S Union Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Los Angeles, Michael R. Fukushima and Keller Williams Los Angeles, Stephen F. Watson

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2119 S Union Ave, Los Angeles, CA 90007 (MLS# 25546793) is a Multi-Family property with units containing 15 bedrooms and 0 full bathrooms. 2119 S Union Ave is currently listed for $1,625,000 and was received on June 01, 2025. Want to learn more about 2119 S Union Ave? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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