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

526 Union Dr
Los Angeles, CA 90017
The Carlton Apartments | $99K/Unit | 7.81 GRM · Multifamily Property For Sale · 51 Units

Investment Highlights

  • 7.81 GRM on Current Income With Massive Upside
  • 6.15% Current Cap Rate & 10.27% on Market Rents
  • Only $99k Per Unit and $159 Per Square Foot
  • Stunning City Views from Select Units

Property Facts

No. Units 51
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.18 AC
Building Size 32,001 SF
No. Stories 5
Year Built 1926
Zoning R5-2 - Multiple Dwelling Zone

Amenities

Unit Amenities

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

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 45 $1,425 450
1+1 6 $1,650 600

Property Taxes

Property Taxes

Parcel Number
5153-006-016
Land Assessment
$295,451
Improvements Assessment
$1,270,473
Total Assessment
$1,565,924
  • Listing ID: 32556569

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 526 Union Dr, Los Angeles, CA 90017

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