See Home Value
$5,526,087*
Multifamily - Off Market

526 S Union Ave

Los Angeles, CA 90017
bedrooms
Studio
bathrooms
0 Bath
$4,230,000 - $5,170,000
Reference Base Price*
17.58%
Since Jul 1, 2021
CA-Los Angeles
Primary Model

About This Property

The G.MA Group of eXp Commercial, as exclusive advisor, is offering for sale Union Apartments, a 30-unit multifamily New York style building located 526 S Union Avenue in Downtown Los Angeles. The property is strategically located and surrounded by a rising skyline, restaurants and shops with a walking score of 97 and 83 transit score.                                                                                                                                                           In a strategic plan, 17 units have been turned and renovated to attract market rents. There is, however, plenty of upside for an investor to achieve similar success in a value-add play by turning the remaining 13 non-renovated units and recovering close to 25% in lost income, all while cash flowing in the process.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold $4,200,000
Sold
Jun 2, 2021 No longer available -
No longer available
Mar 5, 2021 Price Decreased $4,700,000
↓ $100K (2.1%)
Price Decreased
Feb 11, 2021 Listed $4,800,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210211
02/11/2021
Studio
-
-
$4,800,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

526 South Union Avenue 526 South Union Avenue, Los Angeles, CA 90017
More about this Building
526 South Union Avenue
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About Central LA


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