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1137 S Union Ave, Los Angeles, CA 90015
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1137 S Union Ave Los Angeles, CA 90015

$950,000
  • 4 Beds
  • 4 Baths
  • 2,418 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified
Map preview of 1137 S Union Ave, Los Angeles, CA 90015

Property Overview: 1137 S Union Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,418 living square feet and 2,050 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent Opportunity in the Heart of Los Angeles! So much potential for this centrally located Craftsman Quadruplex... close to EVERYTHING in Los Angeles - Directly across the street from a beautiful park & the RED SHIELD Youth/Community Center! In a rapidly evolving pocket of L.A. - Don't miss out on this opportunity! Motivated Seller! Each unit 1bed/1bath

Listed by Cesar Mendoza | BRE #02150134 | Acevedo Real Estate Corp
Last checked: 14 minutes ago | Last updated: March 18th, 2024 | Source CRMLS | DOM: 83
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Home details

Lot Sq. Ft
2,050
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
CV24030689
City
Los Angeles
County
Los Angeles
Time on Site
98 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,740
  • Total Rent: $1,740
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,740
  • Total Rent: $1,740
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,560
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1137 S Union Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5137026018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Olympus- West of 1-110 fwy.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 1137 S Union Ave

Last sold for $850,000 on June 2nd, 2022

  • February, 2024

  • Feb 13, 2024

    Date

    Active

    CRMLS: CV24030689

    $950,000

    Price

  • June, 2022

  • Jun 2, 2022

    Date

    Sold

    CRMLS: 22141161

    $850,000

    Price

  • Mar 29, 2022

    Date

    Active

    CRMLS: 22141161

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    EXCELLENT OPPORTUNITY IN THE HEART OF LOS ANGELES! SO MUCH POTENTIAL FOR THIS CENTRALLY LOCATED CRAFTSMAN QUADRUPLEX... MOMENTS AWAY FROM EVERYTHING IN LOS ANGELES - DIRECTLY ACROSS THE STREET FROM A BEAUTIFUL PARK & THE RED SHIELD YOUTH/COMMUNITY CENTER! EXCELLENT INVESTMENT OPPORTUNITY IN THE HEART OF LOS ANGELES NEAR LA LIVE, CONVENTION CENTER, AND FREEWAYS. THIS QUADRUPLEX CONSISTS OF 1 BEDROOM, 1 BATH EACH THAT CAN BE USED AS A 2 BED UNIT. THIS BUILDING HAS IS DELIVERED WITH 1 VACANT UNIT THAT HAS BEEN UPDATED INSIDE.

  • January, 2012

  • Jan 5, 2012

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

  • January, 2012

  • Jan 5, 2012

    Date

    Sold

    CRMLS: 12157725

    $350,000

    Price

  • Oct 14, 2011

    Date

    Active

    CRMLS: 12157725

    $355,000

    Price

  • Listing provided courtesy of CRMLS

    HIGH CAP RATE...EXCELLENT INVESTMENT OPPORTUNITY IN THE HEART OF LOS ANGELES NEAR LA LIVE, CONVENTION CENTER, AND FREEWAYS. THIS QUADRUPLEX CONSISTS OF 1 BEDROOM, 1 BATH EACH. THIS BUILDING HAS BEEN FULLY RENOVATED INSIDE AND OUT. BUILDING CAN BE DELIVERED FULLY OCCUPIED OR VACANT. (CHOOSE YOUR OWN TENANTS). MUST SEE. NEED TO MOVE QUICK.....IN ESCROW...ACCEPTING BACKUP OFFERS...

  • May, 2011

  • May 3, 2011

    Date

    Sold (Public Records)

    Public Records

    $235,000

    Price

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Tax History for 1137 S Union Ave

Assessed Value (2020): $401,969
Year Land Value Improved Value Assessed Value
2020 $229,698 $172,271 $401,969

Home Value Compared to the Market

This property vs the competition

1137 S Union Ave is listed 24% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $392.89 per/sqft which puts the price per square foot 49.63% lower than the median price per square foot for the city of Los Angeles.

About 1137 S Union Ave

Detailed summary of property

1137 S Union Ave is a fourplex located in Los Angeles, CA 90015 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,418 living square feet, and sits on an approximately 2,050 square foot lot. 1137 S Union Ave was first listed on ArdentRealEstateGroup.com on February 13, 2024. The homeowner is currently asking $950,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24% lower than the median priced home. Local competing homes currently for sale include 1411 Menlo Ave, 1156 W 25th St and 1415 W 22nd St. While the average home in Los Angeles, CA is selling in 93 days, 1137 S Union Ave has a days on market of 83 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 1137 S Union Ave Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1137 S Union Ave

Public county record property details
Beds
4
Baths
4
Year built
1905
Sq. Ft.
2,418
Lot Size
2,049
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5137-026-018

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$789,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$625,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
78
Median Sale to List Price %
100%
Avg Days on Market
35
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (27.27%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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