226 S Union Ave, Los Angeles, CA 90026
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226 S Union Ave Los Angeles, CA 90026

$1,075,000 Sold Price as of 09/27/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,075,000 Sold Price as of 09/27/2022 Refinance Your Mortgage

Map preview of 226 S Union Ave, Los Angeles, CA 90026

Property Overview: 226 S Union Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the market, buyer could not perform. PRICE REDUCED for quick sale!!! We are pleased to present for sale a prime LAR3 development opportunity in the Historic Filipinotown/Westlake neighborhood of Los Angeles! Located just minutes away from the hustle and bustle of Sunset Blvd, this ~7,000 sqft lot + Alley offers a developer the opportunity to build 9 units by right or up to 16 units using TOC Incentives. The site may also be a great opportunity for fourplex or small lot subdivision. Lot dimensions are 50 by 140 sqft, zoned R3-1, TOC Tier 2, and comes with an alley (Optimal for design efficiency and parking access!). Subject property is currently an owner occupied single family residence that will be delivered VACANT, meaning no dealing with rent stabilization (RSO) or tenant relocation! Property has received official RUD from LA Housing department, meaning the site will be EXEMPT from the SB 8 low income replacement requirement (no low income units will be required under a by right project)!!! The property lies in close proximity to Echo Park, Silver Lake, Koreatown, DTLA, and much more! Lots of new development in this immediate pocket! Do not miss this opportunity to build in a high rental demand area undergoing gentrification close to restaurants, bars, shopping, and transportation. Home to be sold As-Is. Contact listing agent for more details!

Listed by Daniel Shamooelian | BRE #01984269 | Keller Williams Beverly Hills
Last checked: 10 minutes ago | Last updated: September 28th, 2023 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
6,999
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
22171641
City
Los Angeles
County
Los Angeles
Time on Site
692 days

Property Details for 226 S Union Ave

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 5153011011
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd, North of 3rd St, East of Alvarado St, West of Lucas Ave
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Sale History for 226 S Union Ave

Last sold for $1,075,000 on September 27th, 2022
  • September, 2022

  • Sep 27, 2022

    Date

    Sold

    CRMLS: 22169731

    $1,075,000

    Price

  • Jun 20, 2022

    Date

    Active

    CRMLS: 22169731

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2022

  • Sep 27, 2022

    Date

    Sold

    CRMLS: 22171641

    $1,075,000

    Price

  • Jun 23, 2022

    Date

    Active

    CRMLS: 22171641

    $1,250,000

    Price

  • January, 2012

  • Jan 30, 2012

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

  • June, 2011

  • Jun 28, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 226 S Union Ave

Assessed Value (2020): $479,872
Year Land Value Improved Value Assessed Value
2020 $387,367 $92,505 $479,872

Home Value Compared to the Market

This property vs the competition

226 S Union Ave sold on September 27, 2022 for 3.36% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 226 S Union Ave

Detailed summary of property

226 S Union Ave is a land that recently sold in Los Angeles, CA 90026. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,999 square foot lot. 226 S Union Ave was first listed on ArdentRealEstateGroup.com on June 23, 2022. The homeowner sold the property for $1,075,000. 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 3.36% lower than the current median priced home. Local homes that are currently for sale include 9526 Defiance, 2213 N Laurel Canyon Ave and 1980 Sunset Plaza. While the average home in Los Angeles, CA is selling in 94 days, 226 S Union Ave has a days on market of 70 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 226 S Union Ave 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 226 S Union Ave

Public county record property details
Beds
5
Baths
2
Year built
1928
Sq. Ft.
1,447
Lot Size
6,999
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
3,11
APN
5153-011-011

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
$1,300,000
Median List Price/Sq.Ft.
$736
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
64
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 226 S Union Ave

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.