$2,828,321*
●
Land -
Off Market
306 UNION Place
Los Angeles (City), CA 90017
Studio
0 Bath
$1,787,000 - $2,183,000
Reference Base Price*
42.48%
Since Apr 1, 2020
CA-Los Angeles
Primary Model
About This Property
NO AFFORDABLE OR RENT CONTROL COMPONENT! NO LINKAGE FEE.
Property delivered fully RTI with all stamped approved
plans, ready for Buyer to pay for and pull building permits and
start construction (November 2019) for 19 apartment units,
Entitled BY RIGHT. The lot currently is vacant and there are
no Tenants to relocate! Beautiful class A project for the
higher end renters. 37 Parking spaces on 2 levels (semi sub).
***NOTE*** Potential to re-entitle the property for approx
40units per TOC TIER 3 using existing survey, soil report, phase
I&II, and submission case# with city of LA. 0.5 Miles from
DTLA, McArthur Park, and Metro. All units with balconies and in
unit washer/dryers. Unit Mix: 11 units 1bed, 1 bath and
8 units 2bed, 2bath. Excellent presentation for a first class
residential building. Clear views of DTLA from top floors.
Unit Size
-
Days on Market
-
Land Size
9,485.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1948
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 8, 2020 | No longer available | - | |
No longer available | |||
Nov 23, 2019 | Relisted | $1,985,000 | |
Relisted | |||
Oct 25, 2019 | No longer available | - | |
No longer available | |||
Oct 2, 2019 | Listed | $1,985,000 | |
Listed |
Property Highlights
With View
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
Active
Condo
2
Beds
2.5
Baths
1,720 ft²
$1,162/ft²
$1,998,000
Nov 12, 2021
-
$1,600/mo
Quadruplex
6
Beds
4
Baths
3,524 ft²
$568/ft²
$1,999,999
Jul 25, 2022
-
-
Active
Condo
2
Beds
2.5
Baths
1,720 ft²
$1,067/ft²
$1,835,000
Dec 17, 2022
-
$1,653/mo
Condo
2
Beds
3
Baths
1,790 ft²
$1,000/ft²
$1,790,000
Oct 6, 2022
-
$3,108/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/02/2019
|
|
Studio
|
-
|
-
|
$1,985,000
Studio
-
|
-
-
|
-
|
-
|