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2111 S Union Ave, Los Angeles, CA 90007
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2111 S Union Ave Los Angeles, CA 90007

$918,000 Sold Price as of 06/28/2019
  • 3 Beds
  • 5 Baths
  • 4,002 Sq.Ft.
Sold
$918,000 Sold Price as of 06/28/2019 Refinance Your Mortgage
Map preview of 2111 S Union Ave, Los Angeles, CA 90007

Property Overview: 2111 S Union Ave Los Angeles, CA has 3 bedrooms, 5 bathrooms, 4,002 living square feet and 6,996 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Priced to sell!!! 5 units located in the most centralized area of Los Angeles! Close to everything happening in the Los Angeles area; downtown LA, restaurants, USC, Coliseum, Staple Center, Hollywood, Pasadena, beaches and Freeways! Charter High School just a few steps away making this property very desirable for family living. Trust sale, no court approval needed. Seller priced property to sell, NO repairs will be done, property sold in its current physical conditions. Lots of potential for upside. All units are rented and have stable tenants. Third floor is used as storage. Currently 5 parking spaces with potential for additional parking. Property passed the LAHD inspection on January 7, 2019

Listed by SAM ONATE | BRE #01327353 | KELLER WILLIAMS
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,996
HOA Dues
$0/mo
Year built
1898
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
MB19055814
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 6
  • # of Gas Meters: 1
  • # 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: $1,253
  • Total Rent: $1,303
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,214
  • Total Rent: $1,214
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $939
  • Total Rent: $939
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $840
  • Total Rent: $840
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.12%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,152
  • Net Operating Income: $45,995
  • Gross Operating Income: $67,179
  • Other Income 1: $50
  • Other Income Description: parking space
Annual Expense Breakdown
  • Total Operating Expense: $21,157
  • Electric: $500
  • Gas/Fuel: $1,252
  • New Taxes: $11,238
  • Trash: $0
  • Gardener: $1,020
  • Insurance: $1,883
  • Maintenance: $1,400
  • Professional Management: $0
  • Water/Sewer: $3,345

Property Details for 2111 S Union Ave

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Electric, Gas
Room Information
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Attic, Basement
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Levels: Three Or More
  • Window Features: Wood Frames
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Concrete, Gated
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5124002008
  • Year Built Source: Assessor
  • Architectural Style: Victorian
  • Foundation Details: Pillar/Post/Pier
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: South of 10 fwy, East of Hoover, North of 23nd St
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2111 S Union Ave

Last sold for $918,000 on June 28th, 2019

  • June, 2019

  • Jun 30, 2019

    Date

    Sold

    CRMLS: MB19055814

    $918,000

    Price

  • May 6, 2019

    Date

    Pending

    CRMLS: MB19055814

    $899,000

    Price

  • Apr 24, 2019

    Date

    Active

    CRMLS: MB19055814

    $899,000

    Price

  • Apr 16, 2019

    Date

    Hold

    CRMLS: MB19055814

    $899,000

    Price

  • Mar 29, 2019

    Date

    Active

    CRMLS: MB19055814

    $899,000

    Price

  • Mar 19, 2019

    Date

    Pending

    CRMLS: MB19055814

    $899,000

    Price

  • Mar 13, 2019

    Date

    Active

    CRMLS: MB19055814

    $899,000

    Price

  • June, 2019

  • Jun 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $918,000

    Price

  • June, 2019

  • Jun 27, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2019

  • Mar 12, 2019

    Date

    Expired

    CRMLS: MB18205004

    $1,050,000

    Price

  • Mar 5, 2019

    Date

    Pending

    CRMLS: MB18205004

    $1,050,000

    Price

  • Mar 1, 2019

    Date

    Expired

    CRMLS: MB18205004

    $1,050,000

    Price

  • Aug 24, 2018

    Date

    Active

    CRMLS: MB18205004

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    5 units located in the most centralized area of Los Angeles! Close to everything happening in the Los Angeles area; downtown LA, restaurants, USC, Coliseum, Staple Center, Hollywood, Pasadena, beaches and Freeways! Charter High School just a few steps away making this property very desirable for family living. This is an excellent opportunity to own income property in one of the best rental areas of Los Angeles. Lots of potential for upside. All units are rented and have stable tenants. Third floor is used as storage. Currently 5 parking spaces with potential for additional parking. Property passed the LAHD inspection on January 7, 2019

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Tax History for 2111 S Union Ave

Assessed Value (2020): $936,360
Year Land Value Improved Value Assessed Value
2020 $749,700 $186,660 $936,360

Home Value Compared to the Market

This property vs the competition

2111 S Union Ave sold on June 28, 2019 for 24.45% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $224.64 per/sqft which puts the price per square foot 70.25% lower than the current median sale per square foot for the city of Los Angeles.

About 2111 S Union Ave

Detailed summary of property

2111 S Union Ave is a mixed use that recently sold in Los Angeles, CA 90007. This mixed use property offered 3 bedrooms, 5 bathrooms, roughly 4,002 living square feet, and sits on an approximately 6,996 square foot lot. 2111 S Union Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $918,000. Home 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 24.45% lower than the current median priced home. Local homes that are currently for sale include 2813 W Florence Ave, 2120 Sheridan St and 3300 E 8th St. While the average home in Los Angeles, CA is selling in 92 days, 2111 S Union Ave has a days on market of 26 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2111 S Union Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2111 S Union Ave

Public county record property details
Beds
3
Baths
5
Year built
1898
Sq. Ft.
4,002
Lot Size
6,995
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16-18
APN
5124-002-008

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,198,999
Median List Price/Sq.Ft.
$616
Median Sold Price
$710,000
Median Sold Price/Sq.Ft.
$645
Total Inventory
13
Median Sale to List Price %
94.79%
Avg Days on Market
63
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Call, Text or Message
(714) 706-1823

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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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