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275 S Union Ave, Los Angeles, CA 90026

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For Sale

$1,699,000

4 beds3,935 sqft

Estimated Payment

$ 8,708 /mo.

6.63% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $431.77
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

PROPERTY CASH FLOWS POSITIVE APPX $8,800/MONTH AFTER ALL EXPENSES AND MORTGAGE PAYMENT! 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 6.26% cap rate and a 11.43 GRM, generating a positive cash flow of $5,197+ 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! ---
MLS# 25-478323

Courtesy Of Trimax Realty, Inc.

(310) 954-0808

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Lot Size
    0.16 Acres

Map and Directions

Directions to 275 S Union Ave, Los Angeles, CA 90026
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Home seller CENTURY 21 LOTUS

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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $8,708
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $8,708

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Union Avenue Elementary

Grades PK-5 Public School


Los Angeles, CA 90057 0.1 miles
150 s burlington ave

984 total students
22:1 Student teacher ratio

Sal Castro Middle School

Grades 6-8 Public School


Los Angeles, CA 90026 0.2 miles
1575 w 2nd st

323 total students
18:1 Student teacher ratio

Miguel Contreras Learning Complex - School Of Global Studies

Grades 9-12 Public School


Los Angeles, CA 90017 0.5 miles
322 lucas ave

321 total students
17:1 Student teacher ratio

Miguel Contreras Learning Complex - School Of Social Justice

Grades 9-12 Public School


Los Angeles, CA 90017 0.5 miles
322 lucas ave

465 total students
24:1 Student teacher ratio

Miguel Contreras Learning Complex - School Of Business & Tourism

Grades 9-12 Public School


Los Angeles, CA 90017 0.5 miles
322 lucas ave

397 total students
18:1 Student teacher ratio

Miguel Contreras Learning Complex - Academic Leadership Community

Grades 9-12 Public School


Los Angeles, CA 90017 0.5 miles
322 lucas ave

477 total students
22:1 Student teacher ratio

Belmont High School

Grades 9-12 Public School


Los Angeles, CA 90026 0.2 miles
1575 w 2nd st

690 total students
18:1 Student teacher ratio

Roybal Learning Center

Grades 9-12 Public School


Los Angeles, CA 90026 0.7 miles
1200 colton st

856 total students
19:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
N.e.w. Academy Of Science And Arts 0.2 miles Public KG-5 C-
Harris Newmark Continuation 0.2 miles Public 9-12 F
Alliance Ted K. Tajima High School 0.4 miles Public 9-12 A-
Our Lady Of Loretto Elementary School 0.4 miles Private KG-8
Gratts Learning Academy For Young Scholars (glays) 0.4 miles Public 2-6 C
Para Los Nios - Evelyn Thurman Gratts Primary School 0.4 miles Public KG-2
Lake Street Primary School 0.5 miles Public KG-1
John Liechty Middle School 0.5 miles Public 6-8 C-
Esperanza Elementary 0.6 miles Public KG-5 C+
Camino Nuevo Charter Academy 0.6 miles Public KG-8 C
Camino Nuevo Charter High School 0.6 miles Public 9-12 F
Citizens Of The World Charter School Silver Lake 0.7 miles Public KG-8 C+
Charles White Elementary 0.7 miles Public 1-5 B

N.e.w. Academy Of Science And Arts

Distance: 0.2 miles

Type Public

Grades: KG-5

C-

Harris Newmark Continuation

Distance: 0.2 miles

Type Public

Grades: 9-12

F

Alliance Ted K. Tajima High School

Distance: 0.4 miles

Type Public

Grades: 9-12

A-

Our Lady Of Loretto Elementary School

Distance: 0.4 miles

Type Private

Grades: KG-8

Gratts Learning Academy For Young Scholars (glays)

Distance: 0.4 miles

Type Public

Grades: 2-6

C

Para Los Nios - Evelyn Thurman Gratts Primary School

Distance: 0.4 miles

Type Public

Grades: KG-2

Lake Street Primary School

Distance: 0.5 miles

Type Public

Grades: KG-1

John Liechty Middle School

Distance: 0.5 miles

Type Public

Grades: 6-8

C-

Esperanza Elementary

Distance: 0.6 miles

Type Public

Grades: KG-5

C+

Camino Nuevo Charter Academy

Distance: 0.6 miles

Type Public

Grades: KG-8

C

Camino Nuevo Charter High School

Distance: 0.6 miles

Type Public

Grades: 9-12

F

Citizens Of The World Charter School Silver Lake

Distance: 0.7 miles

Type Public

Grades: KG-8

C+

Charles White Elementary

Distance: 0.7 miles

Type Public

Grades: 1-5

B

Local area information for Los Angeles, CA 90026

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Los Angeles, CA 90026

This community’s employment is highest in the education and food industries. The area’s overall household expenses are above the national average.

85° August
Hottest Average Month

45° January
Coldest Average Month
25,310 Total Households in Area
18.9%
of households
have children
29 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Los Angeles, CA 90026

Los Angeles, CA 90026 has a population of 63,549 people in 25,310 households with a median age of 36.4 years old.

Down -2.6%
Decrease in population
since the year 2010

Population is Trending down
26,661
Total households as of 2010
Up
0.4%

Community Population By Age

Community Population By Ethnicity

Hispanic 48%
White 33%
Other 30%
Asian 16%
Black 4%
Native American 2%

Economics
for Los Angeles, CA 90026

14,860 /sq mi
Population Density
$74,791 /yr
Median Household Income
$1,232,500
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 66%
  • Work from Home 17%
  • Public Transit 13%
  • Walk or Bike 5%

Occupancy by Type

Rented 19,330 71%
Owned 5,980 22%
Vacant 1,980 7%

White vs Blue Collar Jobs







White Collar 81%
Blue Collar 19%

Family & Education Facts
for Los Angeles, CA 90026

36.4 Median Age

Average Household Size

2.5
persons per
household

27%

Married Households

Community Population By Education

Bachelors Degree 30%
Some High School 21%
Some College 15%
Graduate Degree 14%
High School Graduate 14%
Associates Degree 5%

Household Family Expenses vs National Average

18.9% of households have children

Weather
for Los Angeles, CA 90026

The weather for this area ranges from a high of 85° F in August to a low of 45° F in January

85° August
Hottest Average Month
45° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
45°
67°
Feb
46°
68°
Mar
48°
69°
Apr
50°
72°
May
54°
74°
Jun
57°
78°
Jul
61°
84°
Aug
62°
85°
Sep
60°
84°
Oct
55°
79°
Nov
49°
73°
Dec
45°
68°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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