This unique project consists of two brand-new duplex buildings on the property, offering modern and spacious layouts designed for comfort and convenience. **The project is ready to issue plans and will be vacant, making it a prime opportunity to start construction immediately.** - **Front Building**: A three-story duplex with an attached two-car garage to one of the units. Both units are thoughtfully designed, featuring five bedrooms and six bathrooms each. The total size of this building is approximately 3,553 sq. ft. - **Rear Building**: A three-story duplex that includes an attached ADU (Accessory Dwelling Unit) and an attached two-car garage. The ADU offers two bedrooms and two bathrooms, with a total area of 987 sq. ft. The other units in this building include a three-bedroom, three-bath unit, and a five-bedroom, five-bath unit, both with rooftop access. The total size of this building is approximately 4,450 sq. ft. **Location**: Situated in a prime area close to Downtown Los Angeles, Hollywood, and USC, this property offers easy access to major landmarks, shopping, dining, and entertainment. With **ready-to-issue plans and the property soon to be vacant**, this is an excellent opportunity for developers or investors to begin building in a highly desirable location.
Property Details
Property Features
Listing Office:
Office Name: OPTION ONE REALTY & INVESTMENT
Office Phone: (626) 625-7152
Listing Agent: Oscar Isidro Morales Limon
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Other
Directions Information:
Directions: CROSS STREET PICO AVE
Price Information
Listing Price Info
Price Summary:
List Price: $1,490,000
Tax Information:
Annual Amount: $7,934
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 $468.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #CV24202948
Listing Office:
Office Name: OPTION ONE REALTY & INVESTMENT
Office Phone: (626) 625-7152
Listing Agent: Oscar Isidro Morales Limon
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: 12/18/2024, 5:21:14 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
Nov 29, 2018
Nov 29, 2018Home Sold
$611,000
Sep 26, 2000
Sep 26, 2000Home Sold
$155,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$7,934
$629,676
2020
$7,706
$623,220
2019
$2,786
$611,000
2018
$2,733
$205,254
2017
$2,733
$201,231
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,504
Per Month
Principal & Interest
$7,437
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,534
Powered By
Advertisement
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
6
/10
Equitas Academy Charter
1700 W Pico Blvd
Distance between this listing and this school0.16 miles
Public Charter Grades KG-5
7
/10
Equitas Academy #3 Charter
1050 Beacon Ave
Distance between this listing and this school0.42 miles
Public Charter Grades KG-4
4
/10
10th Street Elementary School
1000 Grattan St
Distance between this listing and this school0.47 miles
Public District Grades 1-5
Nearby Schools
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school0.37 miles
Public Charter Grades KG-8
5
/10
Camino Nuevo Charter Academy
697 S Burlington Ave
Distance between this listing and this school0.93 miles
Public Charter Grades KG-8
4
/10
John Liechty Middle School
650 S Union Ave
Distance between this listing and this school0.97 miles
Public District Grades 6-8
Nearby Schools
6
/10
University Preparatory Value High School
1929 W Pico Blvd
Distance between this listing and this school0.34 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 school0.51 miles
Public Charter Grades 6-12
8
/10
Alliance Dr. Olga Mohan High School
644 W 17th St
Distance between this listing and this school0.51 miles
The neighbors living near this home have an average income of $30,000. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1412 S Union Ave
What is the listing price of this property?
The listing price of 1412 S Union Ave property is $1,490,000.
What type of property is this?
The property 1412 S Union Ave is land located in Los Angeles, California, 90015.
Is this property for sale now?
Active Listing: 1412 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 $7,934 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 29, 2018 for $611,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1412 S Union Ave in Los Angeles, CA and zip code 90015 in the Central LA neighborhood. This home sits on a 0.18 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,490,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.