Address
425 S Union Avenue Los Angeles, CA
Price
$ 1,600,000
Property Attributes
  • MLS#19472280
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90017
  • Style
  • Price$ 1,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,140 SqFt
Listing Provided Courtesy Of:
David Kaufman with David Ballin Kaufman.
Property Description

We are proud to present this value add opportunity in Koreatown. The 4 unit building sits on a larger than averaged sized LAR4 zoned lot and is located east of Alvarado and south of 3rd street. A developer has the ability to build 33 apartments, which breaks down to $50,000 per build-able unit and $181 per square foot on land. A new Buyer may be able to obtain favorable financing options.

Price History
6/19/2019 Listed $1,650,000
11/26/2019 4% - $1,600,000

General Features

Appliances Refrigerator
Directions East of Alvarado Street, south of 3rd Street.
Heating Central
Listagentaor Southwest Los Angeles
Listing Agent David Kaufman - BRE#01217537
Listing Agent State License 01217537
MLS Area C42 - Downtown L.A.
Parking Features Assigned
Source System CRMLS
Special Listing Conditions Standard
Total Units 4
Zoning LAR4

Interior Features

Appliances Y/N Yes
Heating Y/N Yes
Total Stories 1

Exterior Features

Lot Size Area 9140.0000
Lot Size Source Assessor
Lot Size Square Feet 9140.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90017

Price
AVG $2.72M
$1.6M
Visits
AVG 53
251
Year Built
AVG 1924
1921
Walkscore
AVG 91
92
Data Provided by Walkscore ® not using MLS data

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