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12-Unit Apartment Building
For Sale
Contact for pricing
Pending

513 S Union Ave, Los Angeles, CA 90017

Multifamily property with LAR4 zoning in Los Angeles’ Westlake area.

Property SizeContact for details
Days on Market141

Property Features for 513 S Union Ave

General Information

Standard status Pending
Property subtype Multifamily
Zoning Lar4

Additional Details

Highway Access Yes
Multifamily Units 12

Building Details

Year Built 1922
Buildings 1
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Taylor Avakian · License #CA 02060040
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 1:54PM

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 Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

This multifamily asset contains 12 apartment units in a building constructed in 1922. The property carries an LAR4 zoning designation, providing the stated framework for multifamily use and potential expansion. A Freddie loan is in place with a 63% loan-to-value ratio through May 2026.

The building is located at 513 S Union Ave in Los Angeles’ Westlake area, with access to Downtown Los Angeles, Hollywood, and Koreatown. Interstate 10, Interstate 110, and US-101 provide regional connectivity. The location places the property near employment centers and entertainment districts throughout the Greater Los Angeles area.

Key Highlights

  • 12‑unit apartment building constructed in 1922
  • LAR4 zoning designation
  • Freddie loan with a 63% loan‑to‑value ratio through May 2026

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6,873
Businesses Nearby

Demographics for 90017, CA

27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
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 - Multifamily property with LAR4 zoning in Los Angeles’ Westlake area.
Where is this apartment building located?
The property is located at 513 S Union Ave Los Angeles, CA.
What are key features of this property?
This property features: 12‑unit apartment building constructed in 1922; LAR4 zoning designation; Freddie loan with a 63% loan‑to‑value ratio through May 2026
(916) 996-4421 Call to check price and availability
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