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275 S Union Avenue, Los Angeles, CA 90026

Local realty services provided by:CENTURY 21 Sierra Properties
275 S Union Avenue,Los Angeles, CA 90026
$1,375,000
  • 11 Beds
  • - Baths
  • 3,935 sq. ft.
  • Multi-family
  • Active
Listed by: fred nabati, nathan gilardi
Office: trimax realty, inc.
MLS#:CL26643357
Source:CA_BRIDGEMLS

Price summary

  • Price:$1,375,000
  • Price per sq. ft.:$349.43

About this home

Positioned in the heart of Historic Filipinotown within Los Angeles, and moments from the energy of Silver Lake and Echo Park, this exceptional 3-unit multifamily asset delivers a rare combination of immediate upside, strong yield, and long-term appreciation. The property features an excellent unit mix consisting of one 5-bedroom unit, one 4-bedroom unit, and one 3-bedroom unit, offering oversized layouts that are highly sought after by today's urban renters. Two of the three units are delivered vacant, allowing investors to immediately capture full market rents and execute their business plan without delay. Tenants are responsible for all utilities, keeping operating expenses lean and maximizing net income. On a proforma basis (after lease-up of the vacant units), the property operates at an approximate 7.86% cap rate and 9.13 GRM, generating strong positive cash flow. An on-site storage structure presents potential ADU conversion upside, subject to buyer verification with the city

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Home facts

  • Year built:1905
  • Listing ID #:CL26643357
  • Added:7 day(s) ago
  • Updated:February 12, 2026 at 03:41 PM

Rooms and interior

  • Bedrooms:11
  • Living area:3,935 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1905
  • Building area:3,935 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,375,000
  • Price per sq. ft.:$349.43

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