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125 Union Pl, Los Angeles, CA 90026

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For Sale

$2,050,000

15 beds • 5,489 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $373.47
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

125 Union Place is a 9-unit value-add property located one mile south of Echo Park Lake. Located just south of Beverly Blvd, this property is near Echo Park, Silver Lake, Koreatown, the 101 Fwy, and the 110 Fwy. Built in 1953, 125 Union consists of (6) 2-bdrm. units and (3) 1-bdrm. units. One of the 2-bdrm. units is an ADU that was built in 2022, and features wood-laminate flooring, stainless-steel appliances, and quartz countertops. 125 Union is being offered at a 5.94% CAP and 10.30 GRM on current rents, $227,778 per unit, and $373 per foot. The property presents approx. 41% rental upside with (4) VACANT 2-bdrm. units. At projected market rents, it will stabilize at a 9.53% CAP and 7.47 GRM. The property amenities include a laundry room. 125 Union is a part of a 5-property South LA portfolio, for more information please contact LA1.
MLS# 24-392807

Courtesy Of Compass

(310) 230-5478

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Unknown
  • Rooms
    Bedroom

Map and Directions

Directions to 125 Union Pl, Los Angeles, CA 90026

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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