125 Union Pl Los Angeles, CA 90026

$1,500,000 Sold Price as of 05/30/2018

10 Beds
8 Baths
4,870 Sq.Ft.

Off Market

$1,500,000 Sold Price as of 05/30/2018 Refinance Your Mortgage

Map preview of 125 Union Pl, Los Angeles, CA 90026

Property Overview: 125 Union Pl Los Angeles, CA has 10 bedrooms, 8 bathrooms, 4,870 living square feet and 7,433 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

125 Union Pl is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $247,000 for the down payment and will need roughly $24,700 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 125 Union Pl

Last sold for $1,500,000 on May 30th, 2018

March, 2023
Mar 2, 2023

Date

Expired

CRMLS: 22199939

$2,100,000

Price
Sep 16, 2022

Date

Active

CRMLS: 22199939

$2,300,000

Price
Listing provided courtesy of CRMLS

*** Can be purchased individually or as a part of a 48-unit portfolio, contact LA1 for more information ** 125 Union Place is a 9-unit value-add property operating at a 5.32% current CAP and features a vacant two-bdrm. ADU (built-in 2022). Located just south of Beverly Blvd, which borders Echo Park and Westlake, the subject property is comprised of (1) three-bdrm. unit, (4) two-bdrm. units, (3) one-bdrm. units and a vacant 2-bdrm. ADU (built-in 2022) that generate approx. $14,400+ in gross monthly income. Based on market rents for renovated units in the area, we believe a future investor could achieve approx. $18,600+ in gross monthly income and operate the property at a 7.61% market CAP and 9.40 market GRM. In addition to the significant value-add opportunity, the property benefits from its central Westlake location that is minutes from several neighborhood hubs including Echo Park Lake, Sunset Blvd, Museum Row and LA Live. The property amenities include gated entry, on-site parking and a community laundry room.

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May, 2018
May 31, 2018

Date

Sold

CRMLS: PW17222281

$1,500,000

Price
May 17, 2018

Date

Pending

CRMLS: PW17222281

$1,595,000

Price
May 7, 2018

Date

Active Under Contract

CRMLS: PW17222281

$1,595,000

Price
Apr 6, 2018

Date

Pending

CRMLS: PW17222281

$1,595,000

Price
Mar 26, 2018

Date

Active Under Contract

CRMLS: PW17222281

$1,595,000

Price
Feb 9, 2018

Date

Active

CRMLS: PW17222281

$1,595,000

Price
Feb 8, 2018

Date

Price Change

CRMLS: PW17222281

$1,595,000

Price
Jan 21, 2018

Date

Hold

CRMLS: PW17222281

$1,795,000

Price
Oct 10, 2017

Date

Price Change

CRMLS: PW17222281

$1,795,000

Price
Sep 27, 2017

Date

Active

CRMLS: PW17222281

$1,900,000

Price
Listing provided courtesy of CRMLS

DO NOT DISTURB TENANTS. Units are Individually Metered for Gas and Electric. Hardwood Floors in all First Floor Units. Only a few short steps to Unidad Park and the L.A. Parks and Recreation Summer Children's Program. Schools are only a few short blocks away. Laundry Room Provides Added Income, Upside Income Potential, Easy Access to Public Transportation, Many Community Redevelopment Projects in Process, Excellent Opportunity for Developer.

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May, 2018
May 30, 2018

Date

Sold (Public Records)

Public Records

$1,500,000

Price
December, 2013
Dec 12, 2013

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 125 Union Pl

Assessed Value (2020): $1,561,060

Year	Land Value	Improved Value	Assessed Value
2020	$1,144,440	$416,620	$1,561,060

About 125 Union Pl

Detailed summary of property

125 Union Pl is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90026 and last sold on May 30, 2018 for $1,500,000. This property has 10 bedrooms, 8 bathrooms, roughly 4,870 living square feet, and sits on an approximately 7,433 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 26.05% higher than the current median priced home. 125 Union Pl was last sold on May 30, 2018 for $1,500,000. Local nearby listings include 1234 Wilshire Blvd #605, 1234 Wilshire Blvd #318 and 1234 Wilshire Blvd #522. The average home in Los Angeles, CA is selling in 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 125 Union Pl Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 125 Union Pl

Public county record property details

Beds: 10
Baths: 8
Year built: 1953
Sq. Ft.: 4,870
Lot Size: 7,433
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3,14
APN: 5153-012-009

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,225,000

Median List Price/Sq.Ft.

$766

Median Sold Price

$1,450,000

Median Sold Price/Sq.Ft.

$817

Total Inventory

Median Sale to List Price %

105.92%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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(714) 706-1823

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