Description
The Union Apartments are a New York style building in Downtown LA, strategically located and surrounded by a rising skyline with a transit score of 83 and walking score of 97. The building is surrounded by popular restaurants and shops like Langer's Deli, Starbucks, 24 Hour Fitness, Rite Aid and HomeDepot. The property is separately metered for electricity, has laundry in premise and secured entry with a newly installed security camera system. Over the past few years, 17 units have been turned and renovated to attract market rents. A savvy investor can achieve similar success by turning the 13 remaining units and recapturing over 20% in upside.
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0BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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12,960SQFT
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$370$/SQFT
School Ratings & Info
Description
The Union Apartments are a New York style building in Downtown LA, strategically located and surrounded by a rising skyline with a transit score of 83 and walking score of 97. The building is surrounded by popular restaurants and shops like Langer's Deli, Starbucks, 24 Hour Fitness, Rite Aid and HomeDepot. The property is separately metered for electricity, has laundry in premise and secured entry with a newly installed security camera system. Over the past few years, 17 units have been turned and renovated to attract market rents. A savvy investor can achieve similar success by turning the 13 remaining units and recapturing over 20% in upside.
Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-27T09:42:29.973. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.