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$ 930,000
Est. payment /mo
Price Dropped by $20K
1137 S Union AVE Los Angeles, CA 90015
4 Beds
4 Baths
2,418 SqFt
UPDATED:
12/05/2024 04:22 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,418 sqft
Price per Sqft $384
MLS Listing ID 24444017
Bedrooms 4
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1905
Lot Size 2,051 Sqft
Property Description
Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods! The property is fully occupied and with no vacancy.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Flooring Laminate, Tile
Fireplace No
Appliance Disposal, Gas Range, Refrigerator
Exterior
Parking Features None
View Y/N Yes
View City Lights
Accessibility None
Building
Faces East
Story 2
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5137026018
Financing Cash
Special Listing Condition Standard
Listed by Dante Peter Tantiado • Nelson Shelton & Associates