1316 S Union Ave
Value add opportunity
Marketing description
1316 S Union Ave is a duplex investment opportunity located in the Pico-Union neighborhood of Los Angeles, just minutes from Downtown LA. The property consists of approximately 2,152 square feet of improvements on a 5,840-square-foot lot and features a large, gated surface parking area.
The property will be delivered with fully approved permits for a new 4-bedroom, 2-bathroom accessory dwelling unit (ADU) that is shovel-ready for construction, allowing a buyer to immediately begin development without navigating the City of Los Angeles entitlement process.
With its central location near major employment centers, public transit, and entertainment districts, the property benefits from strong rental demand and offers investors both stable current income and significant value-add potential through the ADU development.
Investment highlights
Shovel-Ready ADU Development
Strong Value-Add Opportunity
Located minutes from Downtown LA, Koreatown, USC, and LA Live, providing strong tenant demand and long-term appreciation potential.
Large Gated Parking Area
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