CA > Los Angeles
Los Angeles, CA 90023,4346 Union Pacific AVE
Los Angeles, CA 90023,4346 Union Pacific AVE
Los Angeles, CA 90023,4346 Union Pacific AVE
Los Angeles, CA 90023,4346 Union Pacific AVE
Los Angeles, CA 90023,4346 Union Pacific AVE
Los Angeles, CA 90023,4346 Union Pacific AVE
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James Olvera

James Olvera

The Warburton Team

+1(909) 760-9091
$ 1,795,000
Est. payment | /mo

8,285 Sqft Lot

Save
$ 1,795,000
Est. payment | /mo
Save

8,285 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25126510

HOA Y/N No

Year Built 1960

Lot Size 8,285 Sqft

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

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 3

Garage Description 1.0

Pool None

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

Total Parking Spaces 9

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5241016023

Energy Description 3521.0

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Rick Applebaum Morgan Skenderian rma@morganskenderian.com

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