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526 Union Dr
Los Angeles, CA 90017 Westlake North

Price Upon Request

Apartments For Sale  •  32,001 SF

Property Details

  • Property Type Apartments
  • Total Building Size 32,001 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1926
  • Zoning R5-2
89 Transit Score
94 Walk Score

Highlights

The Neema Group of Marcus & Millichap is pleased to present 526 Union Dr, a 51-unit multifamily investment opportunity in Westlake
At the asking price, the property is being offered at a 6.73% CAP rate at 7.42 GRM on current income
Additional 36% rental upside achievable as units turn through interior renovations
The property features a unit mix of 45 singles and six one-bedrooms

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Public Transportation
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
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)) 9 min - 2.7 mi
6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
7th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 24 min - 13.8 mi
Los Angeles International 25 min - 14.8 mi
Long Beach (Daugherty Field) 32 min - 23.1 mi