Russell Chan
Responds Quickly
Wilshire Metro Realty, Inc.
(424) 223-5522
24 Total Sales
1 in Westlake
$845,000 Price
503 S Union Ave Los Angeles, CA 90017
Westlake Neighborhood
36
Beds
36
Baths
22,141
Sq Ft
8,105
Sq Ft Lot
About This Home
As of January 2018The Union Drive Apartments, situated at 503 South Union Drive, is a 1920s-constructed apartment building that contains thirty-six studio apartments.Each unit has a kitchen and bathroom. The property is three stories constructed of wood frame and stucco. Electricity is individually metered and all other utilities are master metered and paid by the owner who has recently completed several upgrades and renovations to the property.There is no on-site parking but the property is within walking distance to several major bus stops as well as the Metro station, connecting the property to Downtown, Koreatown, and Hollywood.
Last Agent to Sell the Property
Brent Sprenkle
Berkadia License #01290116 Listed on: 09/12/2017
Last Buyer's Agent
Brent Sprenkle
Berkadia License #01290116 Listed on: 09/12/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 8,105 Sq Ft Lot
Interior Spaces
- 22,141 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 36 Bedrooms
- 36 Bathrooms
Community Details
- 36 Units
Listing and Financial Details
- Assessor Parcel Number 5153-005-008
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 12, 2017
Closed on
Dec 19, 2017
Sold by
Bought by
Seller's Agent
Brent Sprenkle
Berkadia
Buyer's Agent
Brent Sprenkle
Berkadia
List Price
$4,395,000
Sold Price
$3,950,000
Premium/Discount to List
-$445,000
-10.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
May 29, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Interest Rate
3.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 14, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.88%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 15, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westlake, CA
-
Russell Chan
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
135 Total Sales
2 in Westlake
$670,000 Price Range
-
Alex Sanchez
Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
63 Total Sales
1 in Westlake
$525,000 Price
-
David Shin
David Shin
Responds QuicklyDream Realty & Investments Inc
(562) 364-0920
33 Total Sales
6 in Westlake
$495K - $670K Price Range
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
180 Total Sales
1 in Westlake
$1,175,000 Price
-
Lan 'Gloria' Xiao
Lan 'Gloria' Xiao
Responds QuicklyRE/MAX ELITE REALTY
(562) 600-8264
117 Total Sales
1 in Westlake
$407,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,950,000 | Fidelity National Title Comp | ||
| $2,300,023 | Lawyers Title | ||
| $2,000,000 | Chicago Title Company | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,950,000 | ||
| Closed | $2,800,000 | ||
| Previous Owner | $1,495,000 | ||
| Previous Owner | $100,000 | ||
| Previous Owner | $1,600,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/10/2018 01/10/18 | Sold | $3,950,000 | -10.1% | $178 / Sq Ft |
| 10/24/2017 10/24/17 | Pending | -- | -- | -- |
| 09/12/2017 09/12/17 | For Sale | $4,395,000 | -- | $199 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $56,360 | $4,494,422 | $3,527,270 | $967,152 |
| 2024 | $55,549 | $4,406,297 | $3,458,108 | $948,189 |
| 2023 | $54,504 | $4,319,900 | $3,390,302 | $929,598 |
| 2022 | $52,030 | $4,235,197 | $3,323,826 | $911,371 |
| 2021 | $51,295 | $4,152,154 | $3,258,653 | $893,501 |
| 2019 | $49,791 | $4,029,000 | $3,162,000 | $867,000 |
| 2018 | $32,181 | $2,489,198 | $1,623,391 | $865,807 |
| 2016 | $30,540 | $2,392,541 | $1,560,353 | $832,188 |
| 2015 | $30,116 | $2,356,604 | $1,536,916 | $819,688 |
| 2014 | $30,441 | $2,310,442 | $1,506,810 | $803,632 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2018
Brent Sprenkle
Berkadia
Map
Source: The MLS
MLS Number: 17-269578
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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