1137 S Union Ave Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated payment $5,798/month
Total Views
220
4
Beds
4
Baths
2,418
Sq Ft
$360
Price per Sq Ft
Highlights
- No HOA
- Living Room
- No Heating
- Neighborhood Views
- Turnkey
About This Home
Located near the heart of Los Angeles, 1137 S Union Ave is a gated, two-story 4-unit building with one bedroom and one bathroom in each unit, totaling 2,418 square feet. The property has seen some recent improvements, including new LVP flooring throughout and updated kitchens with gas ranges, granite counters, and modern cabinetry.Each bedroom includes a large closet with sliding doors, and the bathrooms feature a tub/shower combo with tile surrounds and single sink vanities. The upstairs units have balconies with partial views of the city skyline, while the downstairs units enjoy a shared patio area and added security with window bars.This is a solid income-producing property in a high-demand rental area, just minutes from Downtown LA, public transit, and major freeways. With its current condition and location, it offers strong potential for both investors and owner-users!
Listing Agent
Wedgewood Homes Realty Brokerage Phone: 2137054324 License #02085250 Listed on: 06/02/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,977
Year Built
- Built in 1905
Lot Details
- 2,050 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- On-Street Parking
Home Design
- Quadruplex
- Turnkey
Interior Spaces
- 2,418 Sq Ft Home
- 2-Story Property
- Living Room
- Neighborhood Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Legal Lot and Block 13 / 3
- Assessor Parcel Number 5137026018
- $371 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gross Income $70,089
- Net Operating Income $52,089
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,977 | $884,340 | $312,120 | $572,220 |
| 2023 | $10,770 | $867,000 | $306,000 | $561,000 |
| 2022 | $5,198 | $414,254 | $236,718 | $177,536 |
| 2021 | $5,121 | $406,132 | $232,077 | $174,055 |
| 2019 | $4,973 | $394,089 | $225,195 | $168,894 |
| 2018 | $4,930 | $386,363 | $220,780 | $165,583 |
| 2016 | $4,699 | $371,361 | $212,207 | $159,154 |
| 2015 | $4,633 | $365,784 | $209,020 | $156,764 |
| 2014 | $4,674 | $358,620 | $204,926 | $153,694 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | For Sale | $869,999 | +2.4% | $360 / Sq Ft |
| 06/02/2022 06/02/22 | Sold | $850,000 | 0.0% | $352 / Sq Ft |
| 05/03/2022 05/03/22 | Pending | -- | -- | -- |
| 03/29/2022 03/29/22 | For Sale | $850,000 | -- | $352 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $350,000 | Lawyers Title | |
| Grant Deed | $235,000 | Servicelink | |
| Special Warranty Deed | -- | Servicelink | |
| Trustee Deed | $280,000 | Servicelink | |
| Grant Deed | $519,000 | First American Title | |
| Grant Deed | $450,000 | Stewart Title Of California | |
| Interfamily Deed Transfer | -- | Stewart Title Of California | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Equity Title | |
| Grant Deed | $327,000 | Equity Title | |
| Grant Deed | $158,000 | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $287,788 | FHA | |
| Closed | $342,124 | FHA | |
| Previous Owner | $341,127 | FHA | |
| Previous Owner | $298,000 | Unknown | |
| Previous Owner | $547,500 | Unknown | |
| Previous Owner | $467,100 | Fannie Mae Freddie Mac | |
| Previous Owner | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $243,750 | Purchase Money Mortgage | |
| Previous Owner | $126,400 | No Value Available | |
| Closed | $20,000 | No Value Available | |
| Closed | $16,200 | No Value Available | |
| Closed | $90,000 | No Value Available |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25121004
APN: 5137-026-018
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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