9-Unit Apartment Property with Garden
333 N Union Ave, Los Angeles, CA 90026
For Sale
$1,050,000
Residential Income, Los Angeles, CA
Property Size4,558 SF
Lot Size0.16 Acres
Price / SF$230.36
Days on Market479
Property Features for 333 N Union Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Amenities
common yard
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
Equity Union
(818) 989-2000
Listed By:
Josh Kaplan · License CA #01934177
(310) 795-0903
Added: Jul 25, 2025
Changed: Oct 30
Last Checked: Nov 15 at 1:06AM
MLS# 25569891
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.
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Investment Insights
Based on property information with market context.
This 9-unit apartment property comprises three separate wood-frame buildings constructed in 1925, with 4,558 square feet on a 6,904-square-foot lot. The configuration includes a front fourplex of one-bedroom, one-bath units, a freestanding one-bedroom bungalow, and a rear fourplex containing four guest rooms. Select apartment features include 11-foot ceilings, fireplaces, crown molding, wood flooring, updated appliances and fixtures, split AC systems, open kitchens, and private outdoor decks for ground-floor units. The guest rooms have updated flooring and fixtures, window AC units, and two rear parking spaces.
A substantial shared yard includes a maintained garden and tenant seating area. Front units have separate electric and gas metering, while the rear units share an electric meter and have no gas service; tenants pay for trash and the landlord pays for water. The property is zoned LARD2 and sits near W Temple St, with a Walk Score of 89 and access to the 101 and 110 Freeways.
A substantial shared yard includes a maintained garden and tenant seating area. Front units have separate electric and gas metering, while the rear units share an electric meter and have no gas service; tenants pay for trash and the landlord pays for water. The property is zoned LARD2 and sits near W Temple St, with a Walk Score of 89 and access to the 101 and 110 Freeways.
Key Highlights
- 9‑unit apartment property with 4,558 SF of building area on a 6,904‑square‑foot lot
- Three separate wood‑frame buildings constructed in 1925
- Unit mix includes a front 4‑unit building, one bungalow, and a rear 4‑guest‑room building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,342
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,840
$1.5M
Cap Rate 7%
$1,047,743
$1.0M
Cap Rate 9%
$814,911
$814.9K
Market Conditions
NOI Build-Up for 4,558 SF
Gross rent
$144.9K $31.80/SF
− Vacancy
−$11.6K −$2.54/SF
EGI
$133.3K $29.26/SF
− OpEx
−$60.0K −$13.17/SF
NOI
$73.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,466,840
Cap Rate 7%
$1,047,743
Cap Rate 9%
$814,911
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$916.8K – $1.22M
NOI $73,342 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.90M
$1.67M – $2.22M
NOI $133,211 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
9
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,586
Businesses Nearby
Explore this area
Business Placement
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
$1,143,400
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Three wood-frame buildings offer varied unit layouts, shared outdoor space, and convenient access to dining, retail, and regional freeways.
Where is this apartment building located?
The property is located at 333 N Union Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 9‑unit apartment property with 4,558 SF of building area on a 6,904‑square‑foot lot; Three separate wood‑frame buildings constructed in 1925; Unit mix includes a front 4‑unit building, one bungalow, and a rear 4‑guest‑room building
