4346 Union Pacific Avenue, Los Angeles, California 90023
  • $1,795,000
  • $1,895,000

Overview

Property ID: PW25126510
  • Apartment, Residential Income
  • Property Type
  • 1.0
  • Garage
  • 5413 Sqft
  • Area Size
  • 1960
  • Year Built

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: 4346 Union Pacific Avenue
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90023
  • Country: US

Details

Updated on November 24, 2025 at 6:38 pm
  • Property ID PW25126510
  • Price $1,795,000
  • Property Size 5413 Sqft
  • Land Area 0.1902 Acres
  • Garage 1.0
  • Year Built 1960
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash to New Loan
  • Sewer Public Sewer
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Community Features Biking, Curbs, Park, Street Lights, Sidewalks

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