This Multifamily Property is no longer advertised on LoopNet.com.

1040 S Union Ave
Los Angeles, CA 90015
40 Unit Opportunity - Convert Existing & Add · Multifamily Property For Sale · 4 Units

Investment Highlights

  • 40 Unit Development Opportunity!
  • Conceptual Drawings to Add 18 Units in the Rear
  • 3 Side-by-Side Vacant Buildings
  • RTI to Convert Existing 11 Units to 22 Units
  • ED1 Eligible
  • Existing 11,874 SF of Structures - 18,738 SF of Land - R4-1-HPOZ Tier 3

Property Facts

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.43 AC
Building Size 11,874 SF
Average Occupancy 0%
No. Stories 2
Year Built 1905
Zoning R4-1-HPOZ Tier 3 - Existing 11,874 SF of Structures - 18,738 SF of Land. 40 Unit Development Opportunity! RTI to Convert Existing 11 Units to 22 Units Conceptual Drawing

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5137-015-014
  • 5137-015-016
  • 5137-015-012
Land Assessment
$2,507,928
Improvements Assessment
$924,646
Total Assessment
$3,432,574
  • Listing ID: 29764058

  • Date on Market: 10/11/2023

  • Last Updated:

  • Address: 1040 S Union Ave, Los Angeles, CA 90015

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