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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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1030 S Union Avenue Los Angeles, CA 90015
$3,495,000 0 beds, 40 baths
11, 874 sqft
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Agent Remarks

We are proud to exclusively present for sale a development opportunity for 40 units. Currently, there are 3 side-by-side vacant buildings on site with 11 units. Sellers have approved RTI plans to subdivide the 3 buildings into 22 units & conceptual drawings to add an additional 18 units in the rear. Start remodeling the front structures while entitling the development in the back! Have income from the front during construction of the new 18 units in the back! The property is ED1 eligible and zoned R4-1-HPOZ Tier 3. Walk Score calls this area a Walker's Paradise with Excellent Transit! Just a hop and a skip to Downtown LA, the Subway Metro Station, Crypto.com Arena, the 110 and 10 freeways and countless hospitality options. The property is adjacent to an Elementary School and close to parks. Lots of jobs in the area and a high demand for housing. Existing 11,874 SF of Structures - 18,738 SF of Land. Listing includes 3 addresses and 3 APNs: 1030 S. Union Ave. - 5137-015-012, 1036 S. Union Ave. - 5137-015-014, 1040 S. Union Ave. - 5137-015-016.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25520073
List price is $3,495,000
Beds: 0
Baths: 40
Built in 1904
11,874 sqft
2 stories
0.43 acres
Lot size: 0.4302
County: Los Angeles
Zoning: R4-1-HPOZ Tier 3
Parking description: Uncovered
MLS area: C42 - Downtown L.A.

Last Updated: 4/10/2025

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This listing belongs to the C42 - Downtown L.A. MLS area

Lat/Long: 34.048268, -118.274471.
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Listing Agent: Dario Svidler
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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