4346 Union Pacific Avenue, Los Angeles, CA 90023 - Berkshire Hathaway HomeServices California Properties

4346 Union Pacific Avenue, Los Angeles, CA 90023

$1,895,000 Approx. USD 0 beds, 0 baths

Listing Agent


Rick Applebaum | rma@morganskenderian.com
Lic#: 01273871
Broker: Courtesy of Morgan Skenderian

Co Listing Agent


Paul Espinosa | paul@morganskenderian.com
Lic#: 01942627
Broker: Courtesy of Morgan Skenderian

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW25126510
Price: $1,895,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1960
0.19 acres
Lot size: 0.1902
County: Los Angeles
Zoning: LCM1-R4*
MLS area: BOYH - Boyle Heights

Last Updated: 6/6/2025

 Days On Market (DOM): 15

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This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.016206, -118.178367.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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