Los Angeles, CA 90026 160 Union Place
$1,395,000
Pending
0 more
Presented By: Cesar Sanchez with Compass;
Beds • 8
Baths • 7
SQFT • 3,527
Home Details
In the up-and-coming area of Westlake/ Historic Filipino town adjacent, sits a mid century 7-unit apartment building on a large 11,000 plus sq. ft. lot. It's located in the City of LosAngeles in the Historic Filipino just west of DTLA in the area now going as HiFi. Property contains a unit mix of ( 6 ) one bedroom / one bathroom units and ( 1 ) two bedroom / two bathroom units. Building has great rental upside potential. The exterior has been recently painted and the frontage re-landscaped. 5 potential parking spaces in the rear can be accessed through the alley. This area is going through some great positive changes and it is an excellent opportunity. Plenty of rental upside as well as potential development opportunities on the half empty lot with rear alley access.
Presented By: Cesar Sanchez with Compass;
Interior Features for 160 Union Place
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths7
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
General for 160 Union Place
Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage No
Cap Rate5.45
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market107
DirectionsSouth of Beverly Blvd. Cross Street is 2nd Street
DisclosuresFamilialRelation
Full Baths
Garage Y/NNo
Gross Income99000.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet11261.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income72000.0
New ConstructionNo
NumberOfUnitsTotal7
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Tenant PaysElectricity, Gas
View Y/NNo
Water Sewer Expense1200.0
Waterfront Y/NNo
Year Built1950
ZoningLAR3
Exterior for 160 Union Place
Building Area Total3527.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2585
Lot Size Area11261.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480