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Duplex with Gated Parking
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1316 S Union Ave, Los Angeles, CA 90015

Duplex on a large gated surface parking area with approved permits for a new 4-bed, 2-bath ADU.

Property Size2,900 SF
Lot Size0.13 Acres
Price / SF$413.79
Days on Market181

Property Features for 1316 S Union Ave

General Information

Standard status Active
Size 2,900 SF
Class B
Lot size 0.13 Acres
Property subtype Multifamily
Zoning RD1.5
Occupancy 50%
Investment Type Value Add
Net Operating Income $27,074

Additional Details

Multifamily Units 2

Amenities

gated surface parking

Building Details

Year Built 1920
Buildings 1
Stories 2
Units 2
Tenancy Multi
Listing Agency: All In Capital
Listed By: Justin Kim · License #01971530
Source: Crexi
Added: Mar 11 Changed: Sep 2 Last Checked: Sep 7 at 11:39AM

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 All In Capital

Investment Insights

Based on property information with market context.

1316 S Union Ave is a duplex offering residential income space plus a large, gated surface parking area. The property includes approximately 2,152 square feet of improvements on a 5,840-square-foot lot.

The property will be delivered with fully approved permits for a new 4-bedroom, 2-bathroom accessory dwelling unit (ADU), described as shovel-ready for construction. The intent is to allow a buyer to begin development immediately without navigating the City of Los Angeles entitlement process. The property is located in the Pico-Union neighborhood of Los Angeles, just minutes from Downtown LA, with access to public transit and entertainment districts.

Key Highlights

  • Duplex with approx. 2,152 SF of improvements on a 5,840 SF lot
  • Large gated surface parking area on‑site
  • Includes fully approved permits for a new 4‑bedroom, 2‑bath ADU

Property Analytics

Current Use

Aztec Fire Fuels ... Fire Station

Suggested Use

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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,538
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
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex on a large gated surface parking area with approved permits for a new 4-bed, 2-bath ADU.
Where is this duplex located?
The property is located at 1316 S Union Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Duplex with approx. 2,152 SF of improvements on a 5,840 SF lot; Large gated surface parking area on‑site; Includes fully approved permits for a new 4‑bedroom, 2‑bath ADU
More about this property
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