$1,699,000
4 Bed
4 Bath
3,935
0.16 Acre Lot

275 S Union Avenue, Los Angeles, California 90026

  • Residential Income Property Type
  • 3,935 Square Footage
  • None Cars Garage
  • 1905 Year Built
Property Description

PROPERTY CASH FLOWS POSITIVE APPX $8,800/MONTH AFTER ALL EXPENSES AND MORTGAGE PAYMENT! This exceptional 3-unit property in the heart of Downtown Los Angeles within the Historic Filipinotown, adjacent to the trendy neighborhoods of Silver Lake and Echo Park, offers an outstanding investment opportunity with consistent positive cash flow. The property features two 5-bedroom units and one 3-bedroom unit, providing ample space for tenants in a highly desirable area near schools, shops, and transportation. Additionally, there is a storage space with the potential for conversion into an ADU, subject to buyer verification. With tenants responsible for all utilities, the property boasts a 6.26% cap rate and a 11.43 GRM, generating a positive cash flow of $5,197+ per month. This is an ideal opportunity for investors seeking a high-performing asset in a prime urban location. Contact the broker for further details, as cash flow (net income and investment returns) may vary based on interest rates and down payment. DO NOT DISTURB OCCUPANTS! Property Tour only with accepted offer subject to walk through! —

Basic Details
Residential Income
For Sale
25478323
$1,699,000
None
4
4
3,935
1905
0.16 Acre
Active
: Shingle, Composition
Features
: Wall Furnace
: None
: None
: None
: None
: Other
$0
Address Map
CA
Los Angeles
Los Angeles
90026
Union
275
Avenue
W119° 43' 56.6''
N34° 3' 42.8''
NORTH OF W. 3RD ST., SUTH OF BEVERLY BLVD., EAST OF S. ALVARADO ST., WEST OF LUCAS AVE.
C42 - Downtown L.A.
S
LAR3
Additional Information
$0
$0
$0
$0
$0
3935
: Gated
: One
3
2025-01-16
1749000
1
2
Broker/Agent Information
Trimax Realty, Inc.
Fred Nabati
Listing Information
Nathan Gilardi
CLW-C139130
CLW-X78526
Trimax Realty, Inc.
CLW-X46916
CLW-X78526
Active
2025-03-07T21:08:45Z
CRMLS
: Standard
2025-01-16T00:00:00Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069