Listing provided courtesy of Rick Applebaum of Morgan Skenderian. Last updated . Listing information © 2025 Sandicor.
Asking Price: $1,795,000 | Active
4346 Union Pacific Avenue, Los Angeles CA 90023
Community:
This ResidentialIncome property was built in and is priced at $1,795,000. Please see the additional details below.
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.