125 Union Pl is a 9-unit Echo Park multifamily property offering a rare mix of location, scale, and value-add potential in one of LA’s most dynamic rental corridors. Located just one mile south of Echo Park Lake and steps from Beverly Boulevard, the property sits near Silver Lake, Koreatown, and the 101 and 110 Freeways—providing excellent connectivity for tenants.

Built in 1953, the building features (6) two-bedroom units and (3) one-bedroom units. One of the two-bedroom units is a newly constructed ADU (built in 2022) that features modern finishes such as wood-laminate flooring, quartz countertops, and stainless steel appliances. Four of the two-bedroom units are delivered vacant, offering immediate upside through renovation and lease-up.

125 Union Pl is offered at $216,667 per unit and $355 per square foot, with a 6.31% CAP and 9.80 GRM on current rents. The property presents approximately 34% rental upside, with the potential to stabilize at a 9.68% CAP and 7.31 GRM based on market rents for renovated units in the area. On-site amenities include a community laundry room and minimal landscaping for low operational overhead.

Positioned in a walkable, amenity-rich neighborhood, 125 Union Pl is surrounded by some of LA’s most popular dining, retail, and lifestyle destinations. Its central location and flexible income profile make it a strong fit for investors targeting stable cash flow with long-term upside in a culturally vibrant submarket.

This Echo Park multifamily property is part of a five-building South LA portfolio and can be acquired individually or with other nearby assets. Reach out for more information or to view the full portfolio.