4346 Union Pacific Avenue, Los Angeles, CA 90023
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4346 Union Pacific Avenue,Los Angeles, CA 90023
$1,795,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:rick applebaum
Office:morgan skenderian
MLS#:PW25126510
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,795,000
About this home
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 upsideup 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. Dont miss this rare opportunity to acquire a value-add asset in one of L.A.'s most consistently strong rental markets.
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Home facts
- Listing ID #:PW25126510
- Added:122 day(s) ago
- Updated:October 06, 2025 at 01:53 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Finances and disclosures
- Price:$1,795,000
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