4346 Union Pacific Avenue, Los Angeles, California 90023
- $1,795,000
- $1,895,000
- $1,795,000
- $1,895,000
Overview
- Apartment, Residential Income
- 1.0
- 5413 Sqft
- 1960
Description
Pleased to introduce this excellent investment opportunity in a high-demand rental pocket adjacent to Boyle Heights and just 6 miles from Downtown Los Angeles. This 9-unit multifamily property, built in 1960, features a majority of two bedroom units and offers strong in-place cash flow with a 6.5% cap rate on current rents, plus significant upside—up to 44% projected rental growth. Recent improvements include new asphalt and a newer copper re-pipe, reducing immediate capital expenses for new ownership. Onsite amenities include laundry facilities and a total of 9 parking spaces: 1 garage, 3 carports, and 5 open spaces. Tenants enjoy walkable access to shops, restaurants, grocery stores, and public transportation, making this a highly attractive location for long-term tenancy. Don’t miss this rare opportunity to acquire a value-add asset in one of L.A.’s most consistently strong rental markets.
Address
Open on Google Maps-
Address: 4346 Union Pacific Avenue
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90023
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Country: US
Details
Updated on November 24, 2025 at 6:38 pm-
Property ID PW25126510
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Price $1,795,000
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Property Size 5413 Sqft
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Land Area 0.1902 Acres
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Garage 1.0
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Year Built 1960
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash to New Loan
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Sewer Public Sewer
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County Los Angeles
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Property Type Residential Income
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Pool None
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Community Features Biking, Curbs, Park, Street Lights, Sidewalks
Mortgage Calculator
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