$900,000

Estimated payment $5,828/month

Total Views 1,029
0.19 Acre
$4,836,110 Price per Acre
8,108 Sq Ft Lot

About This Lot

We are pleased to present 520 Union Dr, a lot in the Westlake neighborhood of Los Angeles located just north of 6th St and a half-mile from Good Samaritan Hospital. The property consists of an 8,108 SF lot zoned R4-1 in a Tier 3 TOC. The lot is currently being used as parking, leased to tenants of the adjacent building at 514 and 526 Union Dr, and generates $2,500 per month in income; tenants parking is included on addendums separate to their apartment lease. At the asking price, the property is being offered at a low $111 PSF. High Walk Score of 93, the property is less than a mile to the Metro A-E Rail Lines, and Metro Local Lines along 6th St. Walking distance to retailers such as The Home Depot, Rite Aid, and McDonald's, among others along 6th St. This neighborhood of Westlake is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Koreatown. Proximity to MacArthur Park, Echo Park, Dodger Stadium, and The Broad Museum.

Listing Agent

Neema Ahadian

Marcus & Millichap License #01346750 Listed on: 03/01/2025

Property Details

Property Type

  • Land

Lot Details

  • 8,108 Sq Ft Lot
  • Property is zoned R4-1

Listing and Financial Details

  • Assessor Parcel Number 5153-006-017

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1861
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5153-006-017
  • Lot Size Area: 8108

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2025 03/01/25 For Sale $900,000 -- --
Source: The MLS

Source: The MLS

MLS Number: 25517413

The MLS