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1029 S Union AVE
LOS ANGELES, CA 90015


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Property Remarks

AMAZING opportunity to own a prime piece of real estate in the heart of Downtown LA!! 31 unit complex consisting (9) one bedroom/1 bathroom units and (21) single/1 bathroom units; almost all with their own assigned parking. the building has many recent upgrades including; a newer roof, newer windows, entire exterior freshly painted, as well as some units have interior upgrades as tenants move out. Very RARE abundant amount of parking with (28) parking spaces and plenty of street parking! This building is secured with gated entry, as well as most of the parking being gated. Extremely freeway close with easy access to the 10, 110, and the 101 freeways. Less than 1 mile from some of Los Angeles most popular destinations including, Staples Center, LA Live, LA convention Center, and Microsoft Theater, and about 3 miles to the USC Campus and Exposition Park! Los Angeles is known for its ethnic diversity and sprawling metropolis. The city is also one of the most substantial economic engines within the nation, with a diverse economy in a broad range of professional and cultural fields. Los angeles will be hosting the 2028 Summer Olympics! ***PLEASE DO NOT WALK ON PROPERTY OR DISTURB TENANTS. THANK YOU.***

Property Details

MLS#
OC17248380MR
Days on Market
11
Year Built
1963

Location

State
CA
County
Los Angeles
Area
Downtown L.A.

Presented By:

Listing provided courtesy of Michael Bertelson , Gaskins-VanderMeulen, Inc


Exterior

Garage Spaces
10
Lot Acreage
10
Paved
No
Waterfront
No


Interior

Laundry
Community

Additional Property Details

Total Expense
$0
ADA Compliance
No

Community Features
Urban

Downtown Los Angeles

The heart of the city, Downtown L.A. is dominated by skyscrapers, and a bustling urban core. Downtown, or as it is sometimes known, DTLA, is alive with hot restaurants, hip hotels, and nightlife that makes downtown a great place to live and play.

Real Estate: Lofts, condos and apartments for sale are prevalent in Downtown Los Angeles. Downtown Los Angeles is divided into several different areas including the Historic Core and the Fashion District. The Broadway area has been revitalized with many new condos and lofts being created in older buildings and new development underway. The area near L.A. Live and the Staples Center is particularly trendy.

Community Life: Downtown Los Angeles now boasts over 500 restaurants and has a burgeoning nightlife scene. Many people come to downtown to see a concert at Disney Hall or professional sports at Staples Center and the L.A. Convention Center plays home to a variety of events from art and design shows to conferences drawing businesspeople from around the world. Grand Central Market offers booths full of some of the most delicious food in the city.

Education: Downtown Los Angeles is served by the Los Angeles Unified School District. Local schools include the Ramon C. Cortines School of Visual and Performing Arts, Downtown Business High School, California Academy for Liberal Studies Early College High School, Para Los Niños Middle School, and others. Private schools include Saint Malachy Catholic Elementary School and American University Preparatory School. The Fashion Institute of Design & Merchandising is located downtown as is the Colburn School for music and the performing arts.

Transportation: Downtown is the hub of the rail transit system with six commuter lines, two subway lines, three light rail lines and many Metro bus routes passing through the city. Union Station is the main railway center and a historic landmark in the city.

Local Attractions:  From the city’s early beginnings on Olvera Street to new construction including the Broad Museum and the Wilshire Grand Tower there is a lot to see downtown. Popular draws include the Angels Flight staircase, Pershing Square with its own ice rink, the Bradbury Building, and the Los Angeles Public Library. 

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