The SR Group of Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale 1029 South Union Avenue, a 31-unit apartment complex located just outside of Downtown Los Angeles. The property places residents within a short distance to dining, shopping, and entertainment options that Downtown Los Angeles & Koreatown offer. Being proximate to the core of Los Angeles offers the added benefit of being near significant employment hubs, worldclass education facilities, and cultural landmarks. Situated on a 16,166 square foot parcel, the property consists of twenty-two studios and nine one-bedroom units. An estimated 20 studio units have been reconfigured to operate like Jr. 1 Bed/1Bath units. While many of the units have been renovated to modern standards, there below market units that offer meaningful upside. 1029 South Union Avenue offers investors an opportunity to acquire a mid-sized asset near Downtown Los Angeles with on-site parking and modern layouts. The ongoing urban renewal and growth in this neighborhood highlight the potential for sustained growth. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS. This asset is being offered for sale alongside 932 Maltman. The properties can be purchased individually or together.