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425 S Union Ave, Los Angeles, CA 90017

$2,100,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 9 days ago
425 S Union Ave, Los Angeles, CA 90017View this property at 425 S Union Ave, Los Angeles, CA 90017
425 S Union AveLos AngelesCA90017
Property Description
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 for 425 S Union Ave

General

  • Price: $2,100,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 18-364522
  • Updated: 9/12/2018
  • Added: 71 day(s) ago

Interior

  • Cooking Appliances: Range

Parking

  • Parking Type: None

Location

  • 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

Structural Information

  • # Buildings: 5
  • Square Feet: 696
  • Year Built: 1921

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1

Lot Features

  • Lot Size (Sq. Ft.): 9,140
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $3,017.24

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control

Listed by ECC Real Estate, Sandra Park - CA DRE: 01936001

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Schools

Schools serving 425 S Union Ave

Score
Name
Grades
Distance
5
150 S Burlington Ave, Los Angeles, CA 90057
K-5
0.3 mi
1
650 S Union Ave, Los Angeles, CA 90017
6-8
0.3 mi
4
1575 W 2nd St, Los Angeles, CA 90026
9-12
0.4 mi
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.
Price & Sales History

Price & Sales History for 425 S Union Ave Get Price Alerts

Date
Details
Price
Change
Source
9/12/2018
Price Reduced
$2,100,000
-12.5%
MLS
7/13/2018
Listed
$2,400,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 425 S Union Ave

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. Want to learn more about 425 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.