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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 Market226

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: Oct 4 Last Checked: Oct 20 at 9:09PM

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

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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

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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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