1030 S. Union Ave., Los Angeles, CA 90015

FOR SALE
  • $799,999
  • 116 Days on site
  • Beds: 4
  • Baths: 5
  • Commercial Building
  • 4,460 sq ft
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Description

DEVELOPERS! Prime location in the No Height Restriction Olympic and Union corridor. 5 units with unit mix of Three 2 Bedroom units and Two 1 Bedroom units grossing yearly $51,930. 26. Long term tenants that always pay on time on the 1st. The area is zoned HPOZ R4 and for no height restriction high rise. This is a gem close to downtown, Korea town and down the street from staples center and Ritz Carlton Hotel. If you are looking to be in downtown Los Angeles for a long term investment, this is the property to purchase. Well maintained good looking historic building. Plenty of parking in the back for all tenants. Possible land assembly play. Investor can possibly assemble the entire block from Olympic to 11th Street. Being sold AS IS and buyer to do their own due diligence. Do not disturb tenants, drive by only.

  • MLS ID# 17-235720
  • Year Built: 1904
  • 116 Days on site
  • Commercial Building
  • Beds: 4
  • Baths: 5

Listing Details

Parking
Parking Space (6)
Assessed Taxable Amount
$440,477
Tax Amount
$6,061
Last Transaction Date
07/10/2017
Last Transaction Purchase Price
$805,000
Property Type
Apartments (5+ Units)
Bedrooms
4
Bathrooms
5
Home Size (Sqft)
4,460
Lot Size (Sqft)
6,246
Lot Size (Acres)
0.14
Year Built
1904
Units
5
Cooling System
Yes

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
19,647
Median Household Income
$22,026
Median Years In Residence
7
Median Homeowner Age
28
Households with Children
58.24%
Percent of Homes Rented
83.89%

Nearby Elementary Schools

1000 Grattan St
830 Green Ave
1700 W Pico Blvd

Nearby Primary Schools

950 Albany St

Nearby Middle Schools

830 Green Ave
650 S Union Ave
635 S Burlington Ave

Nearby High Schools

644 W 17th St
2023 S Union Ave
611 S Carondelet St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

(310) 432-6400
Listing Agent: David Makabi

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