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Renovated Fourplex Investment
For Sale
$859,000

1137 S Union Ave, Los Angeles, CA 90015

Fourplex with four 1-bedroom, 1-bath units, several recently renovated, and fully occupied status.

Property Size2,418 SF
Days on Market223

Property Features for 1137 S Union Ave

General Information

Standard status Active
Size 2,418 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Cap Rate 6%
Multifamily Units 4

Building Details

Building Size 2,418 SF
Year Built 1905
Tenancy Multi
Listing Agency: Exclusive Realty Inc
Listed By: Dante Peter Tantiado · License #01355998
Source: Milsteinestates
Added: Jan 27 Changed: Aug 22 Last Checked: Sep 7 at 8:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exclusive Realty Inc

Investment Insights

Based on property information with market context.

This fourplex includes four 1-bedroom, 1-bath apartments. Several of the units have been recently renovated, supporting an income-focused profile for an investor.

The property is located in the Pico/Union area of Los Angeles, described as being just steps from L.A. Live, along with nearby shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center.

The offering is fully occupied, with no vacancy reported.

Key Highlights

  • Fourplex built in 1905 with four units, each offering 1 bedroom and 1 bathroom
  • Several units recently renovated
  • Property is fully occupied with no vacancy

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,929
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 - Fourplex with four 1-bedroom, 1-bath units, several recently renovated, and fully occupied status.
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: Fourplex built in 1905 with four units, each offering 1 bedroom and 1 bathroom; Several units recently renovated; Property is fully occupied with no vacancy
More about this property
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