Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property’s appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don’t miss out on owning in one of Los Angeles’ most exciting neighborhoods! The property is fully occupied and with no vacancy.
Property Details
Price:
$930,000
MLS #:
24444017
Status:
Active
Baths:
0
Address:
1137 S Union Avenue
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Sep 24, 2024
State:
CA
ZIP:
90015
Lot Size:
2,050 sqft / 0.05 acres (approx)
Year Built:
1905
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Schools
Interior
Accessibility Features
None
Appliances
Disposal, Refrigerator, Gas Range
Flooring
Laminate, Tile
Exterior
Parking Features
None
Parking Spots
0.00
Sewer
Other
Stories Total
2
View
City Lights
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address1137 S Union Avenue Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90015
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Courtesy of Nelson Shelton & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1137 S Union Avenue
Los Angeles, CA
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