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Union Apartments - Availability Details

526 S Union Ave, Los Angeles, CA 90017

  • For Sale $4,700,000
  • City Los Angeles
  • Neighborhood Westlake
  • Zip Code 90017
  • Market Los Angeles
  • Property Type Multi-Family
  • Property Size 12,960 Sqft
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1922
  • Date Updated 18 Apr, 2021
Union Apartments is located in Downtown Los Angeles, strategically located and surrounded by a rising skyline, restaurants and shops including walking distance to Starbucks, 24 Hour Fitness, Rite Aid, Langer’s Deli and Home Depot with a walking score of 97 and 83 transit score.
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Location

  • City Los Angeles, CA
  • Neighborhood Westlake
  • Zip Code 90017
  • Market Los Angeles

Contacts

broker

Guillermo Ma

EXP Commercial | California

(310) 800-1848

Highlights

  • 25% Upside Potential After Unit Turnover with Market Rents
  • 17 Units Turned and Renovated Within the Last 3 Years
  • ?Unit Renovations Include Stainless Steel Appliances, Light Fixtures, Cabinets, Refinished Floors, Re-Glazed Tubs
  • ??New Solar Roof Panel System & Hot Water Storage Tank Have Lowered Operating Expenses
  • ??Additional Improvements Include Interior Paint to Walls & Doors and Refinished Hardwood Floors
  • ??Plumbing & Water Supply Lines Upgraded Within the Past 10 Years
  • ??Recently Installed Security Camera System and Controlled Access
  • ??Located in the Desirable Rental Neighborhood of Downtown Los Angeles
  • ?Tenants can Walk to Shops & Restaurants with ??Immediate Access to Transit and Freeways

Contact Listing Broker

broker

Guillermo Ma

EXP Commercial | California

(310) 800-1848

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