1412 South Union Avenue, Los Angeles, CA 90015
1412 South Union Avenue, Los Angeles, CA 90015
Property Description
Exceptional development opportunity in a prime Los Angeles location, just minutes from USC, Downtown Los Angeles, and Crypto.com Arena.This property comes with plans already approved within an HPOZ for a thoughtfully designed 4-unit building plus ADU, totaling approximately 8,274 square feet. The proposed unit mix includes: *Unit 1: 6 bed/ 6 bath *Unit 2: 5 bed / 5 bath *Unit 3: 5 bed/ 5 bath *Unit 4: 3 bed / 3 bath *ADU: 2 bed / 2 bath* The existing residence features 3 bedrooms and 2 bathrooms, complete with hardwood floors, a detached 2-car garage, and a long driveway offering ample additional parking.The property can be delivered vacant, presenting a seamless path for redevelopment or repositioning. Ideal for investors or developers seeking strong rental potential in a high-demand rental corridor near major employment, education, and entertainment hubs.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Los Angeles · Single Family Residence
Listed 20.0% above the median closed sale of $1,125,000. Closed comps sold at 107% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3353 City Terrace | Los Angeles | 1955 | 3 | 1 | 1,012 | 3,987 | $568 | $575,000 | 323 | 80 |
| 4619 1ST Street | Los Angeles | 1960 | 3 | 1 | 1,000 | 4,697 | $850 | $850,000 | 82 | 78 |
| 8735 Beach | Los Angeles | 1950 | 3 | 1 | 1,000 | 3,500 | $565 | $564,900 | 89 | 77 |
| 5026 Budau Place | Los Angeles | 1925 | 3 | 2 | 1,012 | 4,805 | $858 | $868,000 | 10 | 77 |
| 2645 Onyx Drive | Los Angeles | 1929 | 3 | 2 | 1,010 | 5,760 | $791 | $799,000 | 134 | 77 |
| Total: 5 · Average | 3.0 | 1.4 | 1,006.8 | 4,549.8 | $726.4 | $731,380 | 127.6 | |||
| Median | 1,010 | $799,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6235 Condon | Los Angeles | 1948 | 10/08/2026 | 2 | 2 | 1,412 | 7,707 | $875,000 | $967,000 | $685 | 1.10 | 45 | 91 |
| 5876 75th | Los Angeles | 1950 | 10/08/2026 | 2 | 1 | 1,193 | 7,555 | $1.08M | $1.40M | $1,174 | 1.29 | 84 | 87 |
| 11332 Bolas Street | Los Angeles | 1942 | 10/09/2026 | 2 | 2 | 1,331 | 5,287 | $2.00M | $1.95M | $1,464 | 0.98 | 41 | 86 |
| 6714 Rhea | Los Angeles | 1983 | 10/09/2026 | 3 | 2 | 1,332 | 6,751 | $869,000 | $857,000 | $643 | 0.99 | 41 | 86 |
| 21321 Providencia | Los Angeles | 1948 | 10/06/2026 | 3 | 4 | 1,355 | 6,971 | $1.13M | $1.13M | $830 | 1.00 | 49 | 85 |
| Total: 5 · Average | 2.4 | 2.2 | 1,324.6 | 6,854.2 | $1.26M | $1.26M | $959.2 | — | 52 | ||||
| Median | 1,332 | $1.13M | $1.13M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.