CA > Los Angeles
Los Angeles, CA 90015,1030 S Union Ave
Los Angeles, CA 90015,1030 S Union Ave
Los Angeles, CA 90015,1030 S Union Ave
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Devin McNichol & Aaron Bernbach

Devin McNichol & Aaron Bernbach

Realtor

+1(424) 835-1470
$3,495,000
Est. payment /mo
40 Baths
11,874 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,874 sqft

Price per Sqft $294

MLS Listing ID 25520073

Year Built 1904

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Multi-Family

Property Description

We are proud to exclusively present for sale a development opportunity for 40 units. Currently, there are 3 side-by-side vacant buildings on site with 11 units. Sellers have approved RTI plans to subdivide the 3 buildings into 22 units & conceptual drawings to add an additional 18 units in the rear. Start remodeling the front structures while entitling the development in the back! Have income from the front during construction of the new 18 units in the back! The property is ED1 eligible and zoned R4-1-HPOZ Tier 3. Walk Score calls this area a Walker's Paradise with Excellent Transit! Just a hop and a skip to Downtown LA, the Subway Metro Station, Crypto.com Arena, the 110 and 10 freeways and countless hospitality options. The property is adjacent to an Elementary School and close to parks. Lots of jobs in the area and a high demand for housing. Existing 11,874 SF of Structures - 18,738 SF of Land. Listing includes 3 addresses and 3 APNs: 1030 S. Union Ave. - 5137-015-012, 1036 S. Union Ave. - 5137-015-014, 1040 S. Union Ave. - 5137-015-016.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning R4-1-HPOZ Tier 3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Uncovered

Building

Story 2

Level or Stories Multi/Split, Two

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Beverly Hills

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Devin McNichol & Aaron Bernbach

+1(424) 835-1470

Agent | License ID: 02038322

Agent License ID: 02038322

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