520 S Union Dr - Residential LAND FOR SALE


Los Angeles, CA 90017- Westlake North8,107 SF
$900,000 USD
310-909-5406
520 S Union Dr, Los Angeles, CA for Sale
$900,000 USD
Residential LAND - FOR SALE
1/3
8,107 SF

520 S Union Dr
Los Angeles, CA 90017
Westlake North


HIGHLIGHTS

  • The Neema Group of Marcus & Millichap is pleased to present 520 Union Dr, a lot in the Westlake neighborhood
  • The property consists of an 8,108 SF lot zoned R4-1 in a Tier 3 TOC
  • The lot is currently being used as parking, leased to tenants of the adjacent building at 514 and 526 Union Dr, and generates $2,500 per month
  • At the asking price, the property is being offered at a low $111 PSF

OVERVIEW

The Neema Group of Marcus & Millichap is pleased to present 520 Union Dr, a lot in the Westlake neighborhood of Los Angeles located just north of 6th St and a half-mile from Good Samaritan Hospital. The property consists of an 8,108 SF lot zoned R4-1 in a Tier 3 TOC. The lot is currently being used as parking, leased to tenants of the adjacent building at 514 and 526 Union Dr, and generates $2,500 per month in income; tenants parking is included on addendums separate to their apartment lease. At the asking price, the property is being offered at a low $111 PSF. High Walk Score of 93, the property is less than a mile to the Metro A-E Rail Lines, and Metro Local Lines along 6th St. Walking distance to retailers such as The Home Depot, Rite Aid, and McDonald’s, among others along 6th St. This neighborhood of Westlake is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Koreatown. Proximity to MacArthur Park, Echo Park, Dodger Stadium, and The Broad Museum.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/ACRE

$4,835,224/AC

PRICE/SF

$111 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Parking Lot

LAND ACRES

0.19 AC

LAND SF

8,108 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R4, Los Angeles

APN/PARCEL ID

5153-006-017

ASK ABOUT THIS PROPERTY

Patricia EscobarMarcus & MillichapMore Info
310-909-5406

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Patricia EscobarMarcus & MillichapMore Info
310-909-5406

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.