Welcome to a fantastic investment opportunity in the vibrant Pico/Union area fourplex with a 5% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated, adding to the property's appeal and potential.This fourplex offers a great addition to any investment portfolio, located in a dynamic and thriving community with excellent growth potential. Don't miss out on owning in one of Los Angeles' most exciting neighborhoods!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1905
Stories: 2
Living Area: 2,418 SqFt
Listing Office:
Office Name: Nelson Shelton & Associates
Office Phone: (310) 271-2229
Listing Agent: Dante Peter Tantiado
Interior Features
Interior Information:
Appliances: Disposal, Gas Range, Refrigerator
Flooring Type: Laminate, Tile
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Exterior Information:
View: City Lights
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.05 Acres
Other
Directions Information:
Directions: North of Pico, West of L.A. Live, East of Alvarado Street.
Price Information
Listing Price Info
Price Summary:
List Price: $950,000
Price Per SqFt: $393/SqFt
Tax Information:
Annual Amount: $5,121
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $73.4K less than the Median Sold Price and $248/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24444017
Listing Office:
Office Name: Nelson Shelton & Associates
Office Phone: (310) 271-2229
Listing Agent: Dante Peter Tantiado
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 2:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 05, 2012
Jan 05, 2012Home Sold
$350,000
May 03, 2011
May 03, 2011Home Sold
$235,000
May 16, 2006
May 16, 2006Home Sold
$519,000
Nov 01, 2004
Nov 01, 2004Home Sold
$450,000
Jun 14, 2004
Jun 14, 2004Home Sold
$327,000
Jul 01, 2002
Jul 01, 2002Home Sold
$158,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,121
$406,132
2020
$4,973
$401,969
2019
$4,930
$394,089
2018
$4,829
$386,363
2017
$4,829
$378,788
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Equitas Academy #3 Charter
1050 Beacon Ave
Distance between this listing and this school0.11 miles
Public Charter Grades KG-4
4
/10
10th Street Elementary School
1000 Grattan St
Distance between this listing and this school0.17 miles
Public District Grades 1-5
6
/10
Equitas Academy Charter
1700 W Pico Blvd
Distance between this listing and this school0.20 miles
Public Charter Grades KG-5
Nearby Schools
5
/10
Camino Nuevo Charter Academy
697 S Burlington Ave
Distance between this listing and this school0.62 miles
Public Charter Grades KG-8
4
/10
John Liechty Middle School
650 S Union Ave
Distance between this listing and this school0.66 miles
Public District Grades 6-8
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school0.69 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
University Preparatory Value High School
1929 W Pico Blvd
Distance between this listing and this school0.29 miles
Public Charter Grades 9-12
8
/10
Alliance Dr. Olga Mohan High School
644 W 17th St
Distance between this listing and this school0.72 miles
Public Charter Grades 9-12
6
/10
Alliance Gertz-Ressler Richard Merkin 6-12 Complex
2023 S Union Ave
Distance between this listing and this school0.82 miles
The neighbors living near this home have an average income of $31,266. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1137 S Union Ave
What is the listing price of this property?
The listing price of 1137 S Union Ave property is $950,000.
What type of property is this?
The property 1137 S Union Ave is a house located in Los Angeles, California, 90015.
Is this property for sale now?
Active Listing: 1137 S Union Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,121 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 5, 2012 for $350,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1137 S Union Ave has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 1137 S Union Ave is 2,418 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1137 S Union Ave is 1905.
This home is located at 1137 S Union Ave in Los Angeles, CA and zip code 90015 in the Central LA neighborhood. This 2,418 square foot home, which was built in 1905, sits on a 0.05 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $950,000.
In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.