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Mid-Century 7-Unit Apartment Building
For Sale
$1,195,000

160 Union Place, Los Angeles, CA 90026

Seven rental units include six one-bedroom apartments and one two-bedroom apartment, with rear alley access to parking.

Property Size3,527 SF
Lot Size11,000.00 Acres
Price / SF$338.81
Days on Market727

Property Features for 160 Union Place

General Information

Standard status Active
Size 3,527 SF
Total Parking Spaces 5
Lot size 11,000.00 Acres
Property subtype General Commercial

Additional Details

Multifamily Units 7

Amenities

3
LAR3

Building Details

Year Built 1950
Listed By: Compass
Source: Xome
Added: Sep 9, 2024 Changed: Sep 2 Last Checked: Sep 5 at 3:45AM

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 Compass

Investment Insights

Based on property information with market context.

This mid-century 7-unit apartment building is set on an 11,000+ square-foot lot in the City of Los Angeles, in the Historic Filipino Town area just west of DTLA (area known as HiFi). The unit mix consists of six one-bedroom, one-bath units and one two-bedroom, two-bath unit.

A total of five potential parking spaces is located at the rear and can be accessed through an alley. The property is positioned in a neighborhood undergoing positive change, with opportunities highlighted on the half-empty lot with rear alley access.

Key Highlights

  • 7‑unit apartment building on an 11,000+ sq. ft. lot in the City of Los Angeles (Historic Filipino Town/HiFi area).
  • Unit mix: six 1 bed / 1 bath units and one 2 bed / 2 bath unit.
  • Rear alley access to parking with 5 potential parking spaces in the rear.

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,734
Businesses Nearby

Demographics for 90026, CA

63,329
Population
28,632
Households
2.2
Avg Household Size
37
Median Age
47%
College-Educated
82%
High-School Grad
4.0 sq mi
ZIP Area
15,832
Density / Sq Mi
$85,835
Median Household Income
$47,600
Median Earnings
$1,822
Median Rent
$1,143,400
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?
Apartment building - Seven rental units include six one-bedroom apartments and one two-bedroom apartment, with rear alley access to parking.
Where is this apartment building located?
The property is located at 160 Union Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 7‑unit apartment building on an 11,000+ sq. ft. lot in the City of Los Angeles (Historic Filipino Town/HiFi area).; Unit mix: six 1 bed / 1 bath units and one 2 bed / 2 bath unit.; Rear alley access to parking with 5 potential parking spaces in the rear.
More about this property
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