4346 Union Pacific Avenue
Los Angeles, CA, 90023
$1,795,000
Beds
0 Baths
SqFt
0.19 Acres
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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.&#39's most consistently strong rental markets.

Property Details

Price:
$1,795,000
MLS #:
PW25126510
Status:
Active
Baths:
0
Address:
4346 Union Pacific Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Jun 5, 2025
State:
CA
ZIP:
90023
Lot Size:
8,283 sqft / 0.19 acres (approx)
Year Built:
1960
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4346 Union Pacific Avenue
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