4346 Union Pacific Avenue, Los Angeles, CA 90023

  • $1,895,000
4346 Union Pacific Avenue
ResidentialIncome Active
4346 Union Pacific Avenue, Los Angeles, CA 90023
4346 Union Pacific Avenue
  • $1,895,000

Overview

Property ID: HZPW25126510
  • Apartment
  • Property Type
  • 1
  • Garage
  • 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% cap rate on current rents, plus significant upside—up to 40% 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 Union Pacific
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90023

Details

Updated on June 6, 2025 at 2:08 am
  • Property ID: HZPW25126510
  • Price: $1,895,000
  • Land Area: 0.1902 SquareFeet
  • Garage: 1
  • Year Built: 1960
  • Property Type: Apartment
  • Property Status: ResidentialIncome
  • Listed by: Rick Applebaum
  • DRE #: 01273871
  • Contact Mail: rma@morganskenderian.com
  • Brokered by: Morgan Skenderian

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