Property Description
This exceptional 3-unit property in the heart of Downtown Los Angeles within the Historic Filipinotown, adjacent to the trendy neighborhoods of Silver Lake and Echo Park, offers an outstanding investment opportunity with consistent positive cash flow. The property features two 5-bedroom units and one 3-bedroom unit, providing ample space for tenants in a highly desirable area near schools, shops, and transportation. Additionally, there is a storage space with the potential for conversion into an ADU, subject to buyer verification. With tenants responsible for all utilities, the property boasts a 5.88% cap rate and a 12.04 GRM, generating a positive cash flow of $4,800+ per month. This is an ideal opportunity for investors seeking a high-performing asset in a prime urban location. Contact the broker for further details, as cash flow (net income and investment returns) may vary based on interest rates and down payment. DO NOT DISTURB OCCUPANTS! Property Tour only with accepted offer subject to walk through!
Features
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: Wall Furnace
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Address Map
U.S.
California
Los Angeles
Los Angeles
90026
275 S Union Avenue
0
W119° 43' 56.6''
N34° 3' 42.8''
MLS Addon
$0
3,935 Sqft
: No
: No
5.88
16
NORTH OF W. 3RD ST., SUTH OF BEVERLY BLVD., EAST OF S. ALVARADO ST., WEST OF LUCAS AVE.
: No
2
CLW-C139130

Residential Income For Sale Los Angeles

275 S Union Avenue, Los Angeles, Los Angeles, California, 90026

4 Bedrooms
3,935 Sqft
Visits : 16 in 26 days
$1,790,000
Listing ID #24428379
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24428379
Price : $1,790,000
Bedrooms : 4
Square Footage : 3,935 Sqft
Year Built : 1905
Lot Area : 6,829 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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