1330 S Union Ave Los Angeles, CA 90015

$2,950,000 Sold Price as of 01/30/2019

-- Beds
-- Baths
12,908 Sq.Ft.

Off Market

$2,950,000 Sold Price as of 01/30/2019 Refinance Your Mortgage

Map preview of 1330 S Union Ave, Los Angeles, CA 90015

Property Overview: 1330 S Union Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 12,908 living square feet and 7,300 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1330 S Union Ave 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 $1,200,000. The median price per/sqft for Los Angeles is $768. 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 $240,000 for the down payment and will need roughly $24,000 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 $56,000. 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 1330 S Union Ave

Last sold for $2,950,000 on January 30th, 2019

January, 2019
Jan 30, 2019

Date

Sold

CRMLS: 18398744

$2,950,000

Price
Dec 10, 2018

Date

Pending

CRMLS: 18398744

$3,100,000

Price
Oct 19, 2018

Date

Active

CRMLS: 18398744

$3,100,000

Price
Listing provided courtesy of CRMLS

I am pleased to offer for sale the Union Apts, a 24-unit apartment community located at 1330 South Union Avenue. Positioned just South of Pico Boulevard, the property is situated in Pico-Union. The Pico-Union submarket borders three thriving markets - Downtown Los Angeles, Koreatown and University Park. The subject property offers investors significant rental upside to the remaining units.Built in 1916, the subject property is situated on a 7,300 square foot parcel, zoned LAR1.5. The property consists of 21 singles and 3 one-bedroom / one-bath units. The property is master-metered for all utilities and is subject to Los Angeles rent control statutes. Investors will have the opportunity to implement a comprehensive interior and exterior renovation to re-position the property into a truly unique vintage community and increase rental income by an estimated 42 percent.

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January, 2019
Jan 30, 2019

Date

Sold (Public Records)

Public Records

$2,950,000

Price

Tax History for 1330 S Union Ave

Assessed Value (2020): $3,012,680

Year	Land Value	Improved Value	Assessed Value
2020	$2,407,200	$605,480	$3,012,680

About 1330 S Union Ave

Detailed summary of property

1330 S Union Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90015 and last sold on January 30, 2019 for $2,950,000. This property has -- bedrooms, -- bathrooms, roughly 12,908 living square feet, and sits on an approximately 7,300 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 163.39% higher than the current median priced home. 1330 S Union Ave was last sold on January 30, 2019 for $2,950,000. Local nearby listings include 900 W Olympic Blvd #38f, 900 Olympic Blvd #27G and 900 W Olympic Blvd #38D. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1330 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 1330 S Union Ave

Public county record property details

Beds: --
Baths: --
Year built: 1916
Sq. Ft.: 12,908
Lot Size: 7,300
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8,46-47
APN: 5135-022-022

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

$749,000

Median List Price/Sq.Ft.

$704

Median Sold Price

$460,000

Median Sold Price/Sq.Ft.

$519

Total Inventory

Median Sale to List Price %

102.22%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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