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1030 S Union Ave
Los Angeles, CA 90015
UNION REDEVELOPMENT OPPORTUNITY · Multifamily Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.43 AC |
| Property Type | Multifamily | Building Size | 4,460 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1904 |
| Zoning | R4-1-HPOZ Tier 3 - 40 Unit Development Opportunity! RTI to Convert Existing 11 Units to 22 Units Conceptual Drawings to Add 18 Units in the Rear | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 4,460 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1904 |
| Zoning | R4-1-HPOZ Tier 3 - 40 Unit Development Opportunity! RTI to Convert Existing 11 Units to 22 Units Conceptual Drawings to Add 18 Units in the Rear |
ABOUT 1030 S UNION AVE , LOS ANGELES, CA 90015
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. NO COMMISSION BEING PAID AT THIS PRICE or lower. 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.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $448,377 | |
| Land Assessment | $1,793,524 | Total Assessment | $2,241,901 |
PROPERTY TAXES
