Los Angeles, CA 90023,4346 Union Pacific AVE
Los Angeles, CA 90023,4346 Union Pacific AVE
Los Angeles, CA 90023,4346 Union Pacific AVE
10
$1,700,000
$1,795,000
5.3%
Est.Price: ?

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4346 Union Pacific AVE Los Angeles, CA 90023

Est. payment /mo
SOLD DATE : 11/19/2025

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Key Details

Sold Price $1,700,000

Property Type Residential Income

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25126510

Year Built 1960

Property Sub-Type Apartment

Property 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 6.5% 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.'s most consistently strong rental markets.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LCM1-R4*

Interior

Laundry Common Area

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Biking, Curbs, Park, Street Lights, Sidewalks

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Rick Applebaum Morgan Skenderian rma@morganskenderian.com
Bought with Araceli Tacuba JohnHart Corp

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Norma Mardelli

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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