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333 N Union Ave
Echo Park, CA 90026 Historic Filipinotown

$1,300,000 USD

Apartments For Sale • 4,558 SF

Property Details

Property Type Apartments
Total Building Size 4,558 SF
Lot Size 0.16 AC
Building Class C
Year Built 1925
Cap Rate 7.00 %
Zoning RD2

66 Transit Score

89 Walk Score

                
                    Highlights
                
                                VALUE ADD – Two (2) units will be delivered vacant with an additional 35% rental upside after lease up
                            
                                EXCELLENT UNIT MIX – Five (5) 1bed+1bath units and Four (4) Guest Rooms
                            
                                LEGAL UNIT UPGRADE – Four (4) Guest Rooms at the property can be legally upgraded to Light House Keeping units to allow for installation of cooking ap
                            
                                LOW UTILITY COSTS – Tenants pay for trash costs
                            
                                CONVENIENT LOCATION – Easy walking distance to retail and dining on Temple St. and a very short drive to both the 101 and 110 Freeway.

Property Flyers

333 N Union Ave Offering Memorandum

Financial Summary (Actual)

Net Operating Income: $90,997 USD (2025)

Cap Rate:	7.00 %
Total Expenses:	$55,785 USD

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	4 min	-	2.1 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	6 min	-	2.2 mi
Airport	Drive	Walk	Distance
Bob Hope	22 min	-	13.1 mi
Los Angeles International	26 min	-	15.4 mi
Long Beach (Daugherty Field)	32 min	-	24.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Josh Kaplan 310-405-1890 Equity Union Commercial

333 N Union Ave Echo Park, CA 90026 Historic Filipinotown