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

526 S Union Ave
Los Angeles, CA 90017
96% of Rents Collected Since COVID-19 · Multifamily Property For Sale · 30 Units

Investment Highlights

  • 25% Upside Potential After Unit Turnover & Market Rents
  • New Solar Thermal Heating System
  • Plumbing & Water Supply Lines Upgraded in Past 10 Years
  • 17 Units Recently Turned and Renovated
  • New Interior Paint and Refinished Hardwood Floors
  • Desirable Rental Neighborhood of Downtown L.A.

Property Facts

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 12,960 SF
Average Occupancy 100%
No. Stories 3
Year Built 1922
Zoning LAR4 - Multi-Family Zoning

Amenities

Unit Amenities

  • Cable Ready
  • Heating
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Property Manager on Site
  • Gas Range
  • Vintage Building

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 30 $1,248 -

Property Taxes

Property Taxes

Parcel Number
5153-005-028
Land Assessment
$1,747,872
Improvements Assessment
$2,621,808
Total Assessment
$4,369,680
  • Listing ID: 22510333

  • Date on Market: 3/18/2021

  • Last Updated:

  • Address: 526 S Union Ave, Los Angeles, CA 90017

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