1030 S Union Avenue

Los Angeles, CA 90015

  • 0 Bed(s)
  • 0 Bath(s)
  • 11,874 Sqft
  • 18738
    Sqft(Lot)
$3,495,000

Description

We are proud to exclusively present for sale a development opportunity for 40 units. currently, there are 3 side-by-side vacant buildings on site with 11 units. sellers have approved rti plans to subdivide the 3 buildings into 22 units & conceptual drawings to add an additional 18 units in the rear. start remodeling the front structures while entitling the development in the back! have income from the front during construction of the new 18 units in the back! the property is ed1 eligible and zoned r4-1-hpoz tier 3. walk score calls this area a walker's paradise with excellent transit! just a hop and a skip to downtown la, the subway metro station, crypto.com arena, the 110 and 10 freeways and countless hospitality options. the property is adjacent to an elementary school and close to parks. lots of jobs in the area and a high demand for housing. existing 11,874 sf of structures - 18,738 sf of land. listing includes 3 addresses and 3 apns: 1030 s. union ave. - 5137-015-012, 1036 s. union ave. - 5137-015-014, 1040 s. union ave. - 5137-015-016.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49222535

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Property Details

  • Bedroom Information

    • Total Bedrooms : 0

    Bathroom Information

    • Total Baths: 40
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1904
    • Building Area Total: 11,874

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.4302
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 18738

  • Listing Price Information

    • Original List Price: 3,495,000
    • Listing Contract Date: 2025-04-02

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5137015012

  • Garage and Parking

    • Garage Description: Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C42 - Downtown L.A.
    • Postal Code Plus 4: 2025
    • Directions: Just West of Downtown Los Angeles. North of Pico Blvd. South of 8th Street.
    • Zoning: R4-1-HPOZ Tier 3
    • Source Property Type: Residential Income
    • Area: C42 - Downtown L.A.

    Building and Construction

    • Property Age: 121
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 11874
    • Levels or Stories: Two,Multi/Split
    • Building Total Stories: 2
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BuyOwner last updated this listing 05/22/2025 @ 11:54

  • MLS: 25520073
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 11,874 sqft, 18,738 sized lot, and 0 parking. are nearby neighborhoods.