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1029 S Union Ave
Los Angeles, CA 90015
Multifamily Property For Sale · 31 Units

Property Facts

No. Units 31
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.37 AC
Building Size 21,988 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.97/1,000 SF
Zoning LAR4

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

About 1029 S UNION AVE , LOS ANGELES, CA 90015

AMAZING opportunity to own a prime piece of real estate in the heart of Downtown LA!! 31 unit complex consisting (9) one bedroom/1 bathroom units and (21) single/1 bathroom units; almost all with their own assigned parking. the building has many recent upgrades including; a newer roof, newer windows, entire exterior freshly painted, as well as some units have interior upgrades as tenants move out. Very RARE abundant amount of parking with (28) parking spaces and plenty of street parking! This building is secured with gated entry, as well as most of the parking being gated. Extremely freeway close with easy access to the 10, 110, and the 101 freeways. Less than 1 mile from some of Los Angeles most popular destinations including, Staples Center, LA Live, LA convention Center, and Microsoft Theater, and about 3 miles to the USC Campus and Exposition Park! Los Angeles is known for its ethnic diversity and sprawling metropolis. The city is also one of the most substantial economic engines within the nation, with a diverse economy in a broad range of professional and cultural fields. Los angeles will be hosting the 2028 Summer Olympics! ***PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS. THANK YOU.***

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 22 $800.50 -
1+1 9 $1,125 -

Property Taxes

Property Taxes

Parcel Number
5137-016-025
Land Assessment
$3,878,581
Improvements Assessment
$1,137,373
Total Assessment
$5,015,954
  • Listing ID: 9864831

  • Date on Market: 11/3/2017

  • Last Updated:

  • Address: 1029 S Union Ave, Los Angeles, CA 90015

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