Price Change! This is a five (5) unit multifamily investment opportunity located in the Westlake/MacArthur Park submarket of Los Angeles. This income generating property composed of four (4) 1 bedroom/1 bathroom units, and one (1) studio. This property is in the process of entitlement for a 33-unit, 6-story new construction complex. This project is taking advantage of the Transit Oriented Communities (TOC) incentives to add more density to the complex. This property is a great option for developers looking to build in booming Los Angeles market. Do not disturb tenants.
Full Property Details
Full Property Details for 425 S Union Ave
MLS ID: 18-364522
Added: 71 day(s) ago
Cooking Appliances: Range
Parking Type: None
Area: Downtown L.A. (C42)
County: Los Angeles
Development Name: Downtown L.A. (C42)
Driving Directions: From the 101 Highway, take Alvarado Street South, head East on 3rd Street, head South on Union Avenue to 425 S Union Avenue.
Heating & Cooling
Heating Type: Wall Heater
# Buildings: 5
Square Feet: 696
Year Built: 1921
Total Bathrooms: 1
Total Bathrooms: 1
Lot Size (Sq. Ft.): 9,140
Lot Size Source: Vendor Enhanced
Price Per Sq. Ft.: $3,017.24
Disclosures and Reports
Legal Disclosures: Take Property As Is, Rent Control
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Listed by ECC Real Estate,Sandra Park - CA DRE: 01936001
425 S Union Ave, Los Angeles, CA 90017 (MLS# 18-364522) is a
Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms.
425 S Union Ave is currently listed for $2,100,000 and was received on July 13, 2018.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.