$4,999,000
Total Views 1,017
18 Beds
12 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This modern brand new construction building was designed with the utmost perfection and detail. Discover the new standard for apartment living in DOWNTOWN. The apartment homes feature stainless steel appliances, wood floors, washer and dryer in unit, and central A/C and heating. Enjoy and spend some leisure time on the rooftop deck and enjoy its remarkable views all around. The community features controlled access, fitness center, herb/vegetable garden, and rooftop. All of this comes together to create a truly elevated living experience in one of the most cultured and connected locations in Los Angeles.

Listing Agent

George Sherf

George Sherf License #01501885 Listed on: 01/02/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2024

Lot Details

  • 6,862 Sq Ft Lot
  • Lot Dimensions are 50x140

Interior Spaces

  • 3-Story Property
  • Elevator
  • Built-In Features
  • Wood Flooring
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Bathrooms

Parking

  • 1 Car Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5153-010-029

Property Details

Home Type

Multi-Family

Year Built

Built in 2024

Lot Details

6,862 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: 264 S. Union presents a prime investment opportunity in the vibrant heart of Los Angeles. This newly constructed 12-unit apartment building, completed in 2024, offers a compelling prospect for savvy investors seeking a stake in the thriving Los Angeles real estate market. This contemporary gem features a mix of 8 spacious two-bedroom, one-bathroom residences and 4 cozy one-bedroom, one-bathroom units, all meticulously crafted with high-end materials, modern kitchens, and luxurious baths. Each unit is equipped with its own washer and dryer and a split air conditioning system, catering to the discerning tastes of today's urban professionals. The property's underground parking with 12 parking spots accessible from the alley, adds a sought-after element of convenience, while the rooftop offers stunning panoramic views of downtown Los Angeles, including captivating skylights at night. Its str
  • Lot Acreage: 0.1575
  • Lot Dimensions: 50x140
  • Stories: 3
  • Year Built: 2024
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 18
  • Total Bathrooms: 12.00
  • Equipment: Built-Ins, Cable, Dishwasher, Elevator, Gas Dryer Hookup, Microwave, Washer, Range/Oven, Refrigerator

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Garage - 1 Car

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 6.25
  • Assessed Improvement Value: 105117
  • Assessed Land Percent: 93.75
  • Assessed Land Value: 1575453
  • Total Assessed Value: 1680570
  • Assessor Parcel Number: 5153-010-029
  • Lot Size Area: 6862

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 12
  • Type Of Units: 2 & 1 bed

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $20,743 $1,748,464 $1,639,101 $109,363
2024 $20,743 $1,714,181 $1,606,962 $107,219
2023 $20,339 $1,680,570 $1,575,453 $105,117
2022 $19,386 $1,647,618 $1,544,562 $103,056
2021 $19,163 $1,615,313 $1,514,277 $101,036
2020 $14,443 $1,197,500 $1,197,500 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2026 01/02/26 For Sale $4,999,000 +646.1% --
01/24/2017 01/24/17 Sold $670,000 -4.3% $426 / Sq Ft View Prior Sale
11/07/2016 11/07/16 For Sale $699,900 0.0% $445 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/22/2016 10/22/16 Price Changed $699,900 -3.5% $445 / Sq Ft
09/15/2016 09/15/16 Price Changed $725,000 -2.0% $461 / Sq Ft
09/01/2016 09/01/16 Price Changed $740,000 -1.3% $470 / Sq Ft
08/27/2016 08/27/16 Price Changed $750,000 -3.2% $477 / Sq Ft
07/08/2016 07/08/16 Price Changed $775,000 -1.3% $493 / Sq Ft
06/13/2016 06/13/16 Price Changed $785,000 -1.3% $499 / Sq Ft
10/24/2015 10/24/15 Price Changed $795,000 -0.6% $505 / Sq Ft
09/16/2015 09/16/15 For Sale $799,500 -- $508 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Orange Coast Title Company
Warranty Deed $1,197,500 Lawyers Title
Warranty Deed -- None Available
Warranty Deed $670,000 Title 365
Warranty Deed $475,000 Security Union Title
Warranty Deed -- Fidelity Long Beach
Warranty Deed $285,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,700,000 Purchase Money Mortgage
Previous Owner $576,000 New Conventional
Previous Owner $380,000 Purchase Money Mortgage
Previous Owner $280,000 Purchase Money Mortgage
Closed $13,700 No Value Available
Closed $95,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26632309

The MLS

APN: 5153-010-029

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