275 S Union Ave Los Angeles, CA 90026
Multi-Family (2-4 Units)
MLS #: 25-478323
Courtesy Of Trimax Realty, Inc.
$1,749,000
4 beds
|
3,935 sq ft
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Estimated monthly payments:
$7,646/mo.* (recalculate)
Property InformationDescription
PROPERTY CASH FLOWS POSITIVE APPX $8,800/MONTH AFTER ALL EXPENSES AND MORTGAGE PAYMENT! 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
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Cooling System: Window Unit(s) A/C
- Lot Size: 0.16 Acres
MAP & DIRECTIONS
School Information
275 S Union Ave, Los Angeles, CA 90026
Elementary School
Grades PK-5 |
Public School
UNION AVENUE ELEMENTARY
Los Angeles, CA 90057
150 S Burlington Ave
213.483.1345
Distance: 0.1 mi
School Rating
C-
Student:Teacher Ratio
22:1
Total Students
984
Middle School
Grades 6-8 |
Public School
SAL CASTRO MIDDLE SCHOOL
Los Angeles, CA 90026
1575 W 2nd St
213.241.4416
Distance: 0.2 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
323
High School
Grades 9-12 |
Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF GLOBAL STUDIES
Los Angeles, CA 90017
322 Lucas Ave
213.240.3850
Distance: 0.5 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
321
High School
Grades 9-12 |
Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF SOCIAL JUSTICE
Los Angeles, CA 90017
322 Lucas Ave
213.240.3896
Distance: 0.5 mi
School Rating
D+
Student:Teacher Ratio
24:1
Total Students
465
High School
Grades 9-12 |
Public School
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF BUSINESS & TOURISM
Los Angeles, CA 90017
322 Lucas Ave
213.240.3840
Distance: 0.5 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
397
High School
Grades 9-12 |
Public School
MIGUEL CONTRERAS LEARNING COMPLEX - ACADEMIC LEADERSHIP COMMUNITY
Los Angeles, CA 90017
322 Lucas Ave
213.240.3815
Distance: 0.5 mi
School Rating
C-
Student:Teacher Ratio
22:1
Total Students
477
High School
Grades 9-12 |
Public School
BELMONT HIGH SCHOOL
Los Angeles, CA 90026
1575 W 2nd St
213.241.4300
Distance: 0.2 mi
School Rating
D+
Student:Teacher Ratio
18:1
Total Students
690
High School
Grades 9-12 |
Public School
ROYBAL LEARNING CENTER
Los Angeles, CA 90026
1200 Colton St
213.580.6400
Distance: 0.7 mi
School Rating
C+
Student:Teacher Ratio
19:1
Total Students
856
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| N.e.w. Academy Of Science And Arts | 0.2 mi | Public | KG-5 | C- |
| Harris Newmark Continuation | 0.2 mi | Public | 9-12 | F |
| Alliance Ted K. Tajima High School | 0.4 mi | Public | 9-12 | A- |
| Our Lady Of Loretto Elementary School | 0.4 mi | Private | KG-8 | |
| Gratts Learning Academy For Young Scholars (glays) | 0.4 mi | Public | 2-6 | C |
| Para Los Nios - Evelyn Thurman Gratts Primary School | 0.4 mi | Public | KG-2 | |
| Lake Street Primary School | 0.5 mi | Public | KG-1 | |
| John Liechty Middle School | 0.5 mi | Public | 6-8 | C- |
| Esperanza Elementary | 0.5 mi | Public | KG-5 | C+ |
| Camino Nuevo Charter Academy | 0.6 mi | Public | KG-8 | C |
| Camino Nuevo Charter High School | 0.6 mi | Public | 9-12 | F |
| Citizens Of The World Charter School Silver Lake | 0.7 mi | Public | KG-8 | C+ |
| Charles White Elementary | 0.7 mi | Public | 1-5 | B |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Los Angeles, CA 90026
| Median Age: | 36.4 |
|---|---|
| Married: | 27% |
| Number of Households: | 25,310 |
| Households with Children: | 18.9% |
Los Angeles, CA 90026
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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