275 S Union Ave, Los Angeles, CA 90026

bedrooms 4
|Other
INR ₹147,805,218
USD $1,749,000
Published on: 29 Aug 2024
Last updated on: 09 Nov 2024
275 S Union Ave, Los Angeles, CA 90026
275 S Union Ave, Los Angeles, CA 90026
275 S Union Ave, Los Angeles, CA 90026
+13
275 S Union Ave, Los Angeles, CA 90026
  • 13
Property ID: 110094216405
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Unknown, Residential Income - Los Angeles, CA

275 S Union Ave, Los Angeles, CA 90026
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!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
6,830.21 sq ft
Building Size
3,935.00 sq ft
Year Built
1905
Rooms
4 bedroom(s)
Architecture Style
Other
Building Unit Count
3
Num Floors
2
County
Los Angeles
Parcel ID
5153-002-027
Provider
Trimax Realty, Inc.
Brokerage Office Name
Trimax Realty, Inc.
Brokerage Office Phone
(310) 954-0808
Address
275 S Union Ave, Los Angeles, CA 90026
Contact Agent
Fred Nabati
291 S. La Cienega Blvd., Beverly Hills, CA 90211
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Fred Nabati
291 S. La Cienega Blvd., Beverly Hills, CA 90211
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      Property ID: 110094216405

      Data provided by Trimax Realty, Inc., MLS #: 24-428379
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