Elizabeth C. Layne, Listing Office: Estate Properties
132 Union Pl Los Angeles, CA 90026
Property details
About 132 Union Pl
We are pleased to present a prime Development opportunity located at 132 S Union Place, Los Angeles, CA. This property, currently a vacant lot, spans 8,340 square feet, offering significant potential for residential development within the Westlake community. Zoned R3-1 and designated for Medium Residential use under the General Plan, this lot provides developers with flexibility for a range of residential projects, including multi-family housing. The property is located in a Transit Priority Area and benefits from Tier 2 TransitOriented Communities (TOC) status, providing developers with attractive incentives such as density bonuses and reduced parking requirements to optimize the development's potential. Additionally, the site is within 500 feet of several schools, including Belmont Senior High, Sal Castro Middle School, and Harris NewmarkContinuation High School, making it ideal for family-oriented residential developments. The property is also close to Unidad Park, offering recreational opportunities for future residents. This vacant lot, with no existing structures, allows developers to begin construction without the need for demolition, expediting project timelines. Positioned in the Westlake Recovery Redevelopment Project Area, this opportunity is further enhanced by the potential benefits available through the Los Angeles State Enterprise Zone, which provides tax credits and other economic incentives. The lot's central location, coupled with its zoning flexibility and TOC incentives, presents a unique opportunity for developers looking to contribute to the ongoing growth and revitalization in the Westlake area.
Highlights
Summary
- MLS Number: 24445087
- MLS Name: CRMLS
- Office Name: Keller Williams Beverly Hills
- Office Phone: (310) 432-6400
- Listing Agent: Jordan Petito
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/20/2025, 7:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,000,000
132 Union Pl
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 26, 1992 | Home Sold | $75,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2021 | $122,510 | $1,511 |
2020 | $121,254 | $1,467 |
2019 | $118,877 | $1,462 |
2018 | $116,547 | $1,431 |
2017 | $114,262 | $1,431 |
History based on county public records data.
Nearby schools
4
Union Avenue Elementary
Public District PK-5
0.1 mi
•150 S Burlington Ave
4
N.E.W. Academy of Science and Arts
Public Charter KG-5
0.3 mi
•379 Loma Dr
4
Gratts Learning Academy for Young Scholars (GLAYS)
Public District 2-6
0.4 mi
•309 Lucas Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $57,248. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 132 Union Pl
This home is located at 132 Union Pl in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,000,000.
While more than 524 listings in Los Angeles, CA in December 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 740 were sold below. The number of listings in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.