$859,000
1137 S Union Avenue, Los Angeles CA 90015
Multi-Family (4 Units)
Property type
129 days
On market
$355
Price per sqft
N/A
Garage
1905
Year built
2,050 sqft
Lot size
Open Houses
Overview
Welcome to a fantastic investment opportunity in the vibrant Pico/Union area Fourplex with a 6% cap rate! This property is perfectly situated just steps away from L.A. Live, shops, galleries, restaurants, transportation, schools, and the LA Red Shield Community Center. Each of the four units features a 1-bedroom, 1-bathroom apartment, with several units recently renovated,...
Listing provided by: Dante Peter Tantiado DRE #01355998 310-387-2571, Exclusive Realty Inc
Listing updated: Apr 1, 2026 at 01:32am.
Last checked: Jun 5, 2026 at 12:01am
Source: CRMLS #26643661
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,894 | $1,894 | $2,100 | Unfurnished |
| 1 | 1 | 1 | — | $1,894 | $1,894 | $2,100 | Unfurnished |
| 1 | 1 | 1 | — | $1,114 | $1,114 | $2,100 | Unfurnished |
| 1 | 1 | 1 | — | $1,114 | $1,114 | $2,100 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Disposal: 4
Refrigerator: 4
Financial Snapshot
Gross Rent Multiplier
11.9x
List Price / Annual Gross Rent
Cap Rate
6.3%
NOI / List Price
Net Operating Income: $54,143
Interior
Appliances: Disposal, Refrigerator
Exterior
Architectural Style: Craftsman
Stories Total: 2
Levels: Multi Split
Property Condition: Updated Remodeled
Direction Faces: West
Sewer: Other
View: City Lights
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5137026018
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1137 S Union Avenue, Los Angeles, CA 90015. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$687,200
Total Interest
$876,486
Total Payment
$1,563,686
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,388
per month
Property History for 1137 S Union Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90015.
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