275 S. Union Ave FOR SALE!!!

9414

Property ID

3,935 SqFt

Size

13

Bedrooms

5

Bathrooms

Description

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!

Please contact Nathan Gilardi via email/text/call – 310-307-6968 / Nathan@TrimaxLA.com

Address

Address: 275 S. Union Ave., Los Angeles, CA
  • Country: United States
  • Postal code / ZIP: 90026
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  • Property ID 9414
  • Price $1,749,000
  • Property Type
  • Property status
  • Rooms 3
  • Bedrooms 13
  • Bathrooms 5
  • Year Built 1905
  • Size 3,935 SqFt
  • Land area 6,829 SqFt
  • Label

File Attachments

OM2-275-S.-UNION-AVE.-LOS-ANGELES-CA-90026.pdf Download

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Contact

Fred Nabati

Property Agent
291 S. La Cienega Blvd., Ste 409, Beverly Hills, CA 90211
(310) 954-0808
showings@trimaxla.com
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