511 S Union Avenue, Los Angeles, CA 90017

  • $3,150,000
511 S Union Avenue
Residential Income Active
511 S Union Avenue, Los Angeles, CA 90017
511 S Union Avenue
  • $3,150,000

Overview

Property ID: HZ26988197
  • 0
  • Bedroom
  • 0
  • Bathroom
  • 14502
  • Sq Ft
  • 1923
  • Year Built

Description

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.

  • Address Union
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90017

Details

Updated on September 15, 2026 at 12:28 am
  • Property ID: HZ26988197
  • Price: $3,150,000
  • Property Size: 14502 Sq Ft
  • Bedroom: 0
  • Bathroom: 0
  • Year Built: 1923
  • Property Status: Residential Income
  • Listed by: Jason Tuvia
  • DRE #: 01772495
  • Contact Mail: jtuvia@marcusmillichap.com
  • Brokered by: Marcus & Millichap

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