429 S Union Avenue
Los Angeles, CA 90017
- – beds
- – baths
- – sqft
- 9,147 sqft lot
- 1926 build
- – on site
The current owner has spent the last 9 years lovingly restoring this character 1926 Spanish style residential income property. Architecturally, the property has a garden courtyard layout, providing semi-private outdoor spaces accessed off the 20 units. The units have retained their original architectural character, including original hardwood floors, 10' high ceilings, plaster walls, restored original windows with wavy glass and restored window ropes. 19 of the 20 units are approximately 530 SF each and offer 1 bedroom and 1 full bath. The owner's unit, unit 1, is approximately 650 SF and has 1 bedroom, 1 bathroom and another room that can be used as a small bedroom or an office. 17 mini-split Fujitsu brand units provide both heating and air conditioning. The mini-split units have been replaced in the last 7 years, and some are as new as 2 years old. The owner had a platform built for each of the mini-split units so that they are not sitting directly on the roof. The property is fully gated and has a camera system and a key-card access for the residents. There are 20 tankless water heaters for the 20 units. 15 stacked washers / dryers in the building. The building was re-roofed with new rolled composition roofing and a silicon layer was added over the rolled composition roofing material, approximately 5 years ago. There are 16 hard-wired cameras with DVR on the property, and new front and back gates. Time Warner cable underground. Windows and doors have been restored. Rewired electrical, updated electrical panels, 21 total electrical meters, 20 gas meters. Sewer line is mostly updated. Plumbing is mostly updated, within the last 5 years. New backflow regulator. New main water supply line, 1.5'' copper line. 10 storage units. Repainted the exterior with elastomeric paint. Flashing sheet metal is new; all sheet metal replaced, including scuppers and downspouts. This property is for investors seeking historic charm, modern convenience, and strong rental income in a sought-after Los Angeles neighborhood. Located in the Westlake community, the property is within 3 minutes or 1.1 miles from DTLA, Southwestern Law School and The Fashion Institute. Sited between Silver Lake and Echo Park, the property is near stores, small neighborhood shops, and restaurants.
Last checked:
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Last updated Aug 9, 2024
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MLS# P1-18468 —
The Building
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Year Built:1926
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Year Built Source:Assessor
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Common Walls:No Common Walls
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Building Area Total:10782.00
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# of Buildings:1
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Total Number Of Units:20
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Stories Total:2
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# of Separate Gas Meters:20
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# of Separate Water Meters:1
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# of Separate Electric Meters:21
Interior
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Levels:Two
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Flooring:Wood
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Fireplace:No
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Fireplace:None
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Laundry:Inside
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Laundry:1
Location
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Directions:Between West 4th and West 6th Street.
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Latitude:34.05920900
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Longitude:-118.26909200
The Property
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Property Type:Residential Income
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Lot Features:Sprinklers None
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Lot Size Area:9147.0000
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Lot Size Acres:0.2100
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Lot Size SqFt:9147.00
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Lot Size Source:Assessor
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View:1
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View:City Lights
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Fencing:Wrought Iron
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Fence:Yes
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Security Features:Card/Code Access, Smoke Detector(s), Resident Manager, Gated Community, Carbon Monoxide Detector(s)
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:208...
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Tax Lot:33
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5153003010
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Appliances
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Appliances:Free-Standing Range, Tankless Water Heater
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Included:Yes
The Community
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Subdivision:Not Applicable
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Subdivision:Not Applicable
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Senior Community:No
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Neighborhood:Westlake
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Features:Curbs, Sidewalks
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Pool:None
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:No
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Parking:None
Extra Units
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Average 1 Bed Area:530
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Average 2 Bed Area:650
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/12/24
Jul 12, 2024
|
Listed / Active | CRMLS_CA | $3,250,000 | 79.1% (9.3% / YR) |
|
12/28/15
Dec 28, 2015
|
CRMLS_CA | $1,815,000 |
