511 S Union Avenue, Los Angeles, CA 90017

  • $3,150,000
511 S Union Avenue
Propiedad de renta Activa
511 S Union Avenue, Los Angeles, CA 90017
511 S Union Avenue
  • $3,150,000

Descripción general

ID de la propiedad: HZ26988197
  • 0
  • Bedroom
  • 0
  • Bathroom
  • 14502
  • Sq Ft
  • 1923
  • Año de construcción

Descripción

We are pleased to present a twenty-seven (27) unit plus one (1) non-conforming unit apartment building located at 511 S Union Ave in Los Angeles, California. The subject property is located in a solid Westlake location, just north of 6th St and east of Alvarado St. Located in the heart of Westlake, this classic Spanish-style apartment building offers convenient access to Wilshire Boulevard, Beverly Boulevard, the Metro B Line, and the 101 and 110 freeways. The property features an efficient all-studio unit mix with approximately 25% rental upside, creating an attractive opportunity for investors seeking long-term growth. Additional value-add potential includes legalizing a nonconforming unit as an ADU and renting the vacant storage space for a projected $500 per month. Operational features include separate gas and electric meters, on-site laundry, one parking space, and a recently installed roof. Residents enjoy proximity to MacArthur Park, Vista Hermosa Natural Park, Lafayette Recreation Center, Grocery Outlet, Starbucks, the Grier Musser Museum, and MacArthur Park Shopping Center, among other neighborhood amenities. With significant rental upside, ADU conversion potential, and immediately rentable storage space, the property offers multiple avenues to increase income and enhance long-term value.

  • Dirección Union
  • Ciudad Los Angeles
  • Estado/Condado Los Angeles
  • Código postal 90017

Detalles

Actualizado en septiembre 15, 2026 En 12:28 am
  • ID de la propiedad: HZ26988197
  • Precio: $3,150,000
  • Superficie: 14502 Sq Ft
  • Bedroom: 0
  • Bathroom: 0
  • Año de construcción: 1923
  • Estado de la propiedad: Propiedad de renta
  • Publicado por: Jason Tuvia
  • DRE #: 01772495
  • Correo de contacto: jtuvia@marcusmillichap.com
  • Representado por: Marcus & Millichap

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