logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
6 Photos
icon
icon icon
526 Union Drive
USD 4,750,000
Property ID: 25517357
icon
526 Union Drive ,90017
icon --
icon 7807 SqFt
icon Built in 1926
icon USD 608/SqFt
icon 6 Beds
icon 51 Full
icon --
icon --
icon
icon
Location
icon
icon Direction
Interior Details
Bedrooms
6
Bathrooms
51
Interior Size
32001
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1926
See more icon
Detailed Introduction Of This Home
We are pleased to present 526 Union Dr, a 51-unit multifamily investment opportunity in the highly walkable Westlake neighborhood of Los Angeles, located just north of 6th St and a half-mile from Good Samaritan Hospital. The property features a unit mix of 45 singles and six one-bedrooms and is being offered at a 6.73% CAP rate and 7.42 GRM on current income, with an additional 36% rental upside achievable through interior renovations as units turn. The building is separately metered for gas and electricity and includes an on-site laundry room with four washers and four dryers under a lease with Wash. Boasting a high Walk Score of 93, the property is less than a mile from the Metro A-E Rail Lines and Metro Local Lines along 6th St, providing convenient transit options. It is also within walking distance of major retailers such as The Home Depot, Rite Aid, and McDonald's, among others along 6th St. The Westlake neighborhood offers a central location with a short commute to Downtown Los Angeles, Hollywood, and Koreatown, with nearby attractions including MacArthur Park, Echo Park, Dodger Stadium, and The Broad Museum. This offering presents an exceptional opportunity to acquire a well-positioned asset with immediate income and future value-add potential in a thriving Los Angeles submarket.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
3700 Buchanan Street #40
3700 Buchanan Street #40
icon 3700 Buchanan Street #40
0 SqFt  / 3 Beds  / 2 Full Bas
USD 179,900
10253 Westminster Avenue
10253 Westminster Avenue
icon 10253 Westminster Avenue
1509 SqFt  / 2 Beds  / 3 Full Bas
USD 655,000
3809 Spurr Circle
3809 Spurr Circle
icon 3809 Spurr Circle
8058 SqFt  / 3 Beds  / 3 Full Bas
USD 1,158,000
13331 Moorpark Street #204
13331 Moorpark Street #204
icon 13331 Moorpark Street #204
38926 SqFt  / 2 Beds  / 2 Full Bas
USD 739,999
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 6
album
album
album
album
album
album
Photos (6)
icon
icon
banner
526 Union Drive
USD 4,750,000 6 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.world
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.world’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder