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Map
$5,526,087*
●
Multifamily -
Off Market
526 S Union Ave
Los Angeles, CA 90017
Studio
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
02/11/2021
|
|
Studio
|
-
|
-
|
$4,800,000
Studio
-
|
-
-
|
-
|
-
|