• UNION LOS ANGELES, CA 90026

  • 3 Beds 2 Baths 11,800 SqFt
  • Vacant Land / Owner Financing
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  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!
  • Register to view full property details including contact info, and pricing. View Details!

Property Details for UNION St, LOS ANGELES, CA 90026

Features

Facts

Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

264 S. Union presents a prime investment opportunity in the vibrant heart of Los Angeles. This newly constructed 12-unit apartment building, completed in 2024, offers a compelling prospect for savvy investors seeking a stake in the thriving Los Angeles real estate market. This contemporary gem features a mix of 8 spacious two-bedroom, one-bathroom residences and 4 cozy one-bedroom, one-bathroom units, all meticulously crafted with high-end materials, modern kitchens, and luxurious baths. Each unit is equipped with its own washer and dryer and a split air conditioning system, catering to the discerning tastes of today's urban professionals. The property's underground parking with 12 parking spots accessible from the alley, adds a sought-after element of convenience, while the rooftop offers stunning panoramic views of downtown Los Angeles, including captivating skylights at night. Its strategic location, just a five-minute drive from Disney Hall, the Los Angeles Courthouse, and the Financial District, underscores its investment appeal. In an area characterized by a shortage of modern and new units, 264 S. Union stands out as a rare opportunity to own a piece of urban luxury. Furthermore, its proximity to transportation hubs, including downtown Echo Park and Silverlake, reinforces its potential for strong returns and sustained demand. The seller is willing to carry a note for qualified buyers, further enhancing the accessibility of this compelling investment opportunity. This investment property is designed to be easy to rent and manage, offering investors a promising income stream at 5% cap proforma.

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Property Brokerage: Keller Williams Realty Studio City 12711 Ventura Blvd. Suite 101 Studio City CA 91604
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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