325 N Union Ave, Los Angeles, CA 90026
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325 N Union Ave Los Angeles, CA 90026

$2,890,000
  • 12 Beds
  • 13.5 Baths
  • 5,418 Sq.Ft.
For Sale
$2,890,000 Get Pre-Qualified

Map preview of 325 N Union Ave, Los Angeles, CA 90026

Property Overview: 325 N Union Ave Los Angeles, CA has 12 bedrooms, 13.5 bathrooms, 5,418 living square feet and 6,907 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: Indulge in Spacious Luxury Living in this 3-Unit Triplex in Prime Los Angeles! Discover the epitome of contemporary living in each unit of this triplex, boasting all three identical expansive footprints of approximately 1,800 sq ft in each unit! These two-story residences feature a well-designed layout comprising of 4 bedrooms and 4.5 bathrooms, offering ample space for comfort and functionality. Constructed in 2020, each unit is a shining example of brand-new construction, ensuring modern aesthetics and the latest architectural design. The interiors are flooded with natural light, creating a bright and welcoming atmosphere. All units are occupied, however, 2 of the 3 units can be delivered vacant (Unit 325 and 325 3/4). Enjoy the convenience of central air conditioning, providing a comfortable environment year-round. The open floor plan seamlessly connects living spaces, fostering a sense of unity and spaciousness. These residences are not just homes; they are adorned with all the bells and whistles, offering a luxurious and contemporary living experience. Elevate your lifestyle with the combination of modern construction, central air, an open floor plan, and a bright ambiance in these triplex units. Don't miss the chance to make one of these remarkable residences your own! Key Features: - 4 Bedrooms, 4.5 Bathrooms - Unit 325 is $6,500/month - 4 cars can park on the driveway not passing the common yard area - Unit 325 1/2 is $4,600/month - they take 2 garage spaces and 2 spaces behind the garage. - Unit 325 3/4 is $3,000/month - they take 1 garage space and 1 space behind the garage. - Unit 325 and 325 3/4 can be delivered vacant - Tenants pay for all utilities - One unit 325 detached. Two other units are attached with one shared wall. - Modern Kitchen with Stainless Steel Appliances - Three separate Detached Car Garages - Prime Los Angeles Location As you step through the front door, you'll be greeted by an inviting and open living space, perfect for entertaining family and friends. The modern kitchen features stainless steel appliances, creating a stylish and functional space for culinary adventures. One of the highlights is the location, conveniently situated in the vibrant city of Los Angeles, Echo Park, this triplex offers easy access to local amenities, trendy shops, and popular dining spots. With nearby parks and entertainment options, you'll always find something exciting to do in this dynamic neighborhood.

Listed by JOY CHIOU | BRE #01878589 | Capital Investments Real Estat
Last checked: 30 seconds ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 103
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Home details

Lot Sq. Ft
6,907
HOA Dues
$0/mo
Year built
2020
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
WS24007831
City
Los Angeles
County
Los Angeles
Time on Site
102 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $6,500
  • Total Rent: $6,500
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 5
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $6,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $168,000
  • Net Operating Income: $99,450
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $68,550
  • New Taxes: $33,750
  • Trash: $0
  • Insurance: $26,400
  • Other Expenses: $8,400
  • Other Expense Description: misc

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Property Details for 325 N Union Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5159004013
  • Year Built Source: Estimated
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Located on Union Ave, between Temple St and Court St.
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 325 N Union Ave

Last leased for $4,200 on July 27th, 2020
  • January, 2024

  • Jan 18, 2024

    Date

    Active

    CRMLS: WS24007831

    $3,000,000

    Price

  • August, 2021

  • Aug 23, 2021

    Date

    Active

    CRMLS: PW21185920

    $4,400

    Price

  • Listing provided courtesy of CRMLS

    325 3/4 N Union Ave Available. 4 bed, 5 Bath Newly built in 2020 beautiful spacious townhouse in Los Angeles Brand new building. Townhouse style unit with new laminate wood flooring throughout. Large, spacious, full-size bathrooms and bedrooms with walk-in closets. Open floor plan kitchen with new stainless steel appliances including refrigerator, microwave, gas stove/oven, and dishwasher and quartz countertops. Recessed lighting throughout the unit. Washer / Dryer hookups inside the unit. The unit includes a two-car tandem garage plus an extra storage room. One-year lease.

  • August, 2021

  • Aug 2, 2021

    Date

    Active

    CRMLS: 21767798

    $2,650,000

    Price

  • Listing provided courtesy of CRMLS

    NEWLY BUILT IN 2018! THE OPEN CONCEPT EFFORTLESSLY BLENDS CONTEMPORARY ELEMENTS WITH ORIGINAL DETAILS. EACH UNIT (325 UNION , 325 1/2 UNION, 325 1/4 AVE) WITH LAMINATE WOOD FLOORING THROUGHOUT, LARGE & SPACIOUS 4 BEDROOM & 4 BATH. OPEN FLOOR PLAN KITCHEN WITH NEW STAINLESS STEEL APPLIANCES AND QUARTZ COUNTER TOPS. RECESSED LIGHTING! WASHER & DRYER HOOKUPS INSIDE THE UNIT. CLOSE TO ECHO PARK NEIGHBORHOOD, WHICH IS ADJACENT TO ECHO PARK, SILVERLAKE, KOREATOWN, AND WESTLAKE AND A FEW MINUTES DRIVE FROM DOWNTOWN LOS ANGELES. (VIRTUAL TOUR: https://youtu.be/e1ET7V5slgU)

  • August, 2021

  • Aug 1, 2021

    Date

    Expired

    CRMLS: 21675918

    $2,650,000

    Price

  • Feb 18, 2021

    Date

    Price Change

    CRMLS: 21675918

    $2,650,000

    Price

  • Jan 5, 2021

    Date

    Active

    CRMLS: 21675918

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    NEWLY BUILT IN 2018! THE OPEN CONCEPT EFFORTLESSLY BLENDS CONTEMPORARY ELEMENTS WITH ORIGINAL DETAILS. EACH UNIT (325 UNION , 325 1/2 UNION, 325 1/4 AVE) WITH LAMINATE WOOD FLOORING THROUGHOUT, LARGE & SPACIOUS 4 BEDROOM & 4 BATH. OPEN FLOOR PLAN KITCHEN WITH NEW STAINLESS STEEL APPLIANCES AND QUARTZ COUNTER TOPS. RECESSED LIGHTING! WASHER & DRYER HOOKUPS INSIDE THE UNIT. CLOSE TO ECHO PARK NEIGHBORHOOD, WHICH IS ADJACENT TO ECHO PARK, SILVERLAKE, KOREATOWN, AND WESTLAKE AND A FEW MINUTES DRIVE FROM DOWNTOWN LOS ANGELES. (VIRTUAL TOUR: https://youtu.be/e1ET7V5slgU)

  • January, 2021

  • Jan 2, 2021

    Date

    Expired

    CRMLS: 20641014

    $2,750,000

    Price

  • Oct 2, 2020

    Date

    Active

    CRMLS: 20641014

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    NEWLY BUILT IN 2018! THE OPEN CONCEPT EFFORTLESSLY BLENDS CONTEMPORARY ELEMENTS WITH ORIGINAL DETAILS. EACH UNIT (325 UNION , 325 1/2 UNION, 325 1/4 AVE) WITH LAMINATE WOOD FLOORING THROUGHOUT, LARGE & SPACIOUS 4 BEDROOM & 4 BATH. OPEN FLOOR PLAN KITCHEN WITH NEW STAINLESS STEEL APPLIANCES AND QUARTZ COUNTER TOPS. RECESSED LIGHTING! WASHER & DRYER HOOKUPS INSIDE THE UNIT. CLOSE TO ECHO PARK NEIGHBORHOOD, WHICH IS ADJACENT TO ECHO PARK, SILVERLAKE, KOREATOWN, AND WESTLAKE AND A FEW MINUTES DRIVE FROM DOWNTOWN LOS ANGELES. (VIRTUAL TOUR: https://youtu.be/e1ET7V5slgU)

  • September, 2020

  • Sep 30, 2020

    Date

    Canceled

    CRMLS: 20609622

    $2,750,000

    Price

  • Jul 28, 2020

    Date

    Active

    CRMLS: 20609622

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    NEWLY BUILT IN 2018! THE OPEN CONCEPT EFFORTLESSLY BLENDS CONTEMPORARY ELEMENTS WITH ORIGINAL DETAILS. EACH UNIT (325 UNION , 325 1/2 UNION, 325 1/4 AVE) WITH LAMINATE WOOD FLOORING THROUGHOUT, LARGE & SPACIOUS 4 BEDROOM & 4 BATH. OPEN FLOOR PLAN KITCHEN WITH NEW STAINLESS STEEL APPLIANCES AND QUARTZ COUNTER TOPS. RECESSED LIGHTING! WASHER & DRYER HOOKUPS INSIDE THE UNIT. CLOSE TO ECHO PARK NEIGHBORHOOD, WHICH IS ADJACENT TO ECHO PARK, SILVERLAKE, KOREATOWN, AND WESTLAKE AND A FEW MINUTES DRIVE FROM DOWNTOWN LOS ANGELES. (VIRTUAL TOUR: https://youtu.be/e1ET7V5slgU)

  • September, 2020

  • Sep 19, 2020

    Date

    Expired

    CRMLS: PW20056309

    $4,000

    Price

  • Jul 2, 2020

    Date

    Withdrawn

    CRMLS: PW20056309

    $4,000

    Price

  • Jun 17, 2020

    Date

    Price Change

    CRMLS: PW20056309

    $4,000

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: PW20056309

    $4,200

    Price

  • May 15, 2020

    Date

    Withdrawn

    CRMLS: PW20056309

    $4,200

    Price

  • May 15, 2020

    Date

    Hold

    CRMLS: PW20056309

    $4,200

    Price

  • Apr 26, 2020

    Date

    Active

    CRMLS: PW20056309

    $4,200

    Price

  • Apr 25, 2020

    Date

    Hold

    CRMLS: PW20056309

    $4,200

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: PW20056309

    $4,200

    Price

  • Apr 20, 2020

    Date

    Hold

    CRMLS: PW20056309

    $4,200

    Price

  • Apr 3, 2020

    Date

    Price Change

    CRMLS: PW20056309

    $4,200

    Price

  • Mar 13, 2020

    Date

    Price Change

    CRMLS: PW20056309

    $4,750

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: PW20056309

    $4,500

    Price

  • Listing provided courtesy of CRMLS

  • July, 2020

  • Jul 27, 2020

    Date

    Leased

    CRMLS: PW20135190

    $4,200

    Price

  • Jul 22, 2020

    Date

    Price Change

    CRMLS: PW20135190

    $3,900

    Price

  • Jul 10, 2020

    Date

    Active

    CRMLS: PW20135190

    $4,200

    Price

  • Listing provided courtesy of CRMLS

    325 1/2 N Union Ave Available. 4 bed, 4 Bath 325, 325 3/4 N Union are not available. Newly built beautiful spacious townhouse in Los Angeles Brand new building. Townhouse style unit with new laminate wood flooring throughout. Large, spacious, full-size bathrooms and bedrooms with walk-in closets. Open floor plan kitchen with new stainless steel appliances including refrigerator, microwave, gas stove/oven, and dishwasher and quartz countertops. Recessed lighting throughout the unit. Washer / Dryer hookups inside the unit. The unit includes a two-car tandem garage plus and extra storage room. One year lease. 3D Tour. https://kuula.co/share/collection/7lQ9R?fs=1&vr=1&sd=1&initload=0&thumbs=1&chromeless=1&logo=0

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: PW20056325

    $3,800

    Price

  • Jun 17, 2020

    Date

    Price Change

    CRMLS: PW20056325

    $3,800

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: PW20056325

    $3,900

    Price

  • May 21, 2020

    Date

    Withdrawn

    CRMLS: PW20056325

    $3,900

    Price

  • Apr 26, 2020

    Date

    Active

    CRMLS: PW20056325

    $3,900

    Price

  • Apr 25, 2020

    Date

    Hold

    CRMLS: PW20056325

    $3,900

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: PW20056325

    $3,900

    Price

  • Apr 20, 2020

    Date

    Hold

    CRMLS: PW20056325

    $3,900

    Price

  • Apr 3, 2020

    Date

    Price Change

    CRMLS: PW20056325

    $3,900

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: PW20056325

    $4,500

    Price

  • Listing provided courtesy of CRMLS

  • July, 2020

  • Jul 1, 2020

    Date

    Expired

    CRMLS: PW20056338

    $3,800

    Price

  • Jun 17, 2020

    Date

    Price Change

    CRMLS: PW20056338

    $3,800

    Price

  • Jun 17, 2020

    Date

    Active

    CRMLS: PW20056338

    $3,900

    Price

  • May 21, 2020

    Date

    Withdrawn

    CRMLS: PW20056338

    $3,900

    Price

  • Apr 26, 2020

    Date

    Active

    CRMLS: PW20056338

    $3,900

    Price

  • Apr 25, 2020

    Date

    Hold

    CRMLS: PW20056338

    $3,900

    Price

  • Apr 15, 2020

    Date

    Pending

    CRMLS: PW20056338

    $3,900

    Price

  • Apr 3, 2020

    Date

    Price Change

    CRMLS: PW20056338

    $3,900

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: PW20056338

    $4,500

    Price

  • Listing provided courtesy of CRMLS

  • March, 2020

  • Mar 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,300,000

    Price

  • July, 2018

  • Jul 8, 2018

    Date

    Sold

    CRMLS: 18362418

    $700,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2018

  • Jul 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

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Tax History for 325 N Union Ave

Assessed Value (2020): $1,314,400
Year Land Value Improved Value Assessed Value
2020 $571,200 $743,200 $1,314,400

Home Value Compared to the Market

This property vs the competition

325 N Union Ave is listed 133.82% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $533.41 per/sqft which puts the price per square foot 31% lower than the median price per square foot for the city of Los Angeles.

About 325 N Union Ave

Detailed summary of property

325 N Union Ave is a triplex located in Los Angeles, CA 90026 and is currently for sale. This triplex offers 12 bedrooms, 13.5 bathrooms, roughly 5,418 living square feet, and sits on an approximately 6,907 square foot lot. 325 N Union Ave was first listed on ArdentRealEstateGroup.com on January 19, 2024. The homeowner is currently asking $2,890,000 and was originally asking $3,000,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 133.82% higher than the median priced home. Local competing homes currently for sale include 639 Robinson St, 220 N Hoover St and 198 S Commonwealth Ave. While the average home in Los Angeles, CA is selling in 96 days, 325 N Union Ave has a days on market of 103 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 325 N 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 325 N Union Ave

Public county record property details
Beds
12
Baths
12
Year built
--
Sq. Ft.
5,418
Lot Size
6,904
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5159-004-013

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.
$808
Median Sold Price
$940,000
Median Sold Price/Sq.Ft.
$850
Total Inventory
56
Median Sale to List Price %
100.11%
Avg Days on Market
16
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

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Related Resources to 325 N 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.