511 S Union Avenue, Los Angeles, CA 90017
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
511 S Union Avenue,Los Angeles, CA 90017
$3,150,000
- - Beds
- 27 Baths
- 14,502 sq. ft.
- Multi-family
- Active
Listed by: jason tuvia
Office: marcus & millichap818-212-2700
MLS#:26988197
Source:CRMLS
Price summary
- Price:$3,150,000
- Price per sq. ft.:$217.21
About this home
We are pleased to present a twenty-seven (27) unit plus one (1) non-conforming unit apartment building located at 511 S Union Ave in Los Angeles, California. The subject property is located in a solid Westlake location, just north of 6th St and east of Alvarado St. Located in the heart of Westlake, this classic Spanish-style apartment building offers convenient access to Wilshire Boulevard, Beverly Boulevard, the Metro B Line, and the 101 and 110 freeways. The property features an efficient all-studio unit mix with approximately 25% rental upside, creating an attractive opportunity for investors seeking long-term growth. Additional value-add potential includes legalizing a nonconforming unit as an ADU and renting the vacant storage space for a projected $500 per month. Operational features include separate gas and electric meters, on-site laundry, one parking space, and a recently installed roof. Residents enjoy proximity to MacArthur Park, Vista Hermosa Natural Park, Lafayette Recreation Center, Grocery Outlet, Starbucks, the Grier Musser Museum, and MacArthur Park Shopping Center, among other neighborhood amenities. With significant rental upside, ADU conversion potential, and immediately rentable storage space, the property offers multiple avenues to increase income and enhance long-term value....
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Home facts
- Year built:1923
- Listing ID #:26988197
- Added:11 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Rooms and interior
- Total bathrooms:27
- Living area:14,502 sq. ft.
Structure and exterior
- Year built:1923
- Building area:14,502 sq. ft.
- Lot area:0.21 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,150,000
- Price per sq. ft.:$217.21
Parking
- Parking description:Uncovered
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