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Craftsman Fourplex Investment Property
For Sale
$859,000

1137 S Union Ave, Los Angeles, CA 90015

MULTI_FAMILY - Los Angeles, CA

Property Size2,418 SF
Lot Size0.05 Acres
Price / SF$355.25
Days on Market201

Property Features for 1137 S Union Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARD1.5
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 4
View City
Directions North of Pico, West of L.A. Live, South of Olympic Blvd, East of Alvarado Street
Subdivision Downtown L.A.
Standard status Active
APN 5137-026-018
Size 2,418 SF
Lot size 0.05 Acres

Building Details

Year built 1905
Floors in Building 2
Number of units 4
Architectural style Craftsman
Listing Agency: Exclusive Realty Inc
Listed By: Dante Peter Tantiado · License #01355998
Added: Jan 27 Changed: Aug 4 Last Checked: Aug 16 at 9:06AM
MLS# 26643661

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Craftsman-style fourplex at 1137 S Union Ave includes four units, each with a one-bedroom, one-bathroom layout. Several of the units have been recently renovated. The property is fully occupied and reported with no vacancy. Built in 1905, the building totals 2,418 square feet, situated on a 0.0471-acre lot, and is zoned LARD1.5.

The offering is presented as an investment opportunity in the Pico/Union area of Los Angeles, near L.A. Live, local shops and galleries, restaurants, transportation, schools, and the LA Red Shield Community Center.

The four-unit configuration, partial renovation, and fully occupied status make this property a straightforward fit for investors seeking a small multifamily asset within an established urban submarket. The remarks also cite a 6% cap rate.

Key Highlights

  • Four units, each with one‑bedroom, one‑bathroom layout
  • Fully occupied with no vacancy
  • Zoned LARD1.5

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,791
Businesses Nearby

Demographics for 90015, CA

27,324
Population
14,635
Households
1.9
Avg Household Size
34
Median Age
48%
College-Educated
79%
High-School Grad
1.7 sq mi
ZIP Area
16,073
Density / Sq Mi
$63,211
Median Household Income
$47,819
Median Earnings
$2,385
Median Rent
$1,000,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Craftsman fourplex on a small lot, fully occupied with no vacancy, zoned LARD1.5 and featuring partially renovated units.
Where is this quadplex located?
The property is located at 1137 S Union Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: Four units, each with one‑bedroom, one‑bathroom layout; Fully occupied with no vacancy; Zoned LARD1.5
More about this property
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