Listed By The APLA GROUP: Welcome to 250 & 260 S. Union Ave, a remarkable investment opportunity nestled in the heart of vibrant Los Angeles. These well-maintained multifamily properties offer an impressive unit mix, featuring 2 single units, 14 two-bedroom, one-bath units, and 4 one-bedroom, one-bath units, providing flexibility and broad tenant appeal. With thoughtfully upgraded infrastructure and exciting potential for additional income streams, these properties are poised for long-term growth and profitability.
Maximize your returns with the potential for Accessory Dwelling Units (ADU), offering added rental opportunities. Residents will appreciate the convenience of on-site parking with storage, and dedicated laundry facilities, enhancing daily living comfort. Individual gas and electric meters further streamline utility management, ensuring operational efficiency and reduced expenses for owners.
Recent enhancements reflect a commitment to modern standards, including a brand-new roofs completed in 2023 and a fully compliant soft-story retrofits, delivering both peace of mind and long-lasting value. These properties exceptional location places tenants within moments of major transit corridors, including CA-101 and 110 freeways, and within walking distance to the Westlake/MacArthur Park Transit Station. Echo Park and an array of shopping and dining destinations are just minutes away, ensuring a dynamic urban lifestyle.
Position your portfolio for success with these ideally located, fully upgraded properties that combine the best of modern amenities, income potential, and Los Angeles’ thriving real estate market. Seize this rare investment gem today!