The Azzi Group of Marcus & Millichap is pleased to present 521 S Union Ave, a 20-unit multifamily investment opportunity located in the highly desirable Westlake neighborhood of Los Angeles. Built in 1913, the property consists of efficiently designed units and offers investors the opportunity to acquire an asset with strong income growth potential in a supply-constrained, high-demand rental market.
The offering consists of a well-located asset providing investors with solid in-place income and the opportunity to enhance value through strategic repositioning and rental growth over time.
Built in 1913, the fee-simple property features an efficient unit layout and classic construction, offering a proven residential product that continues to attract consistent tenant demand in a dense urban setting.
521 S Union Ave benefits from its prime infill location just minutes from Downtown Los Angeles, with convenient access to major transit corridors and employment hubs. Residents also enjoy proximity to a wide range of dining, retail, and entertainment options throughout Westlake and the surrounding urban core.
Westlake remains one of Los Angeles’ most active rental markets, driven by its central location, accessibility, and strong demand fundamentals, making 521 S Union Ave a compelling investment opportunity with both stability and long-term upside.