Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW25126510
MLS Source
California Regional MLS
Days on Site
76
Interior Features
Laundry
Community Facility
Parking, School, and Other Information
Garage/Parking
Garage: 1 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Rick Applebaum
Morgan Skenderian
License #: 01273871
Phone: –
Co-Listing Agent
Paul Espinosa
License #: 01942627
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4346 Union Pacific Ave is a Residential Income in Los Angeles, CA 90023. This – square foot property sits on a 8,283 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,795,000 and was built in 1960. This address can also be written as 4346 Union Pacific Ave, Los Angeles, CA 90023.
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This listing information is up-to-date as of July 28, 2025. For the most current information, please contact Rick Applebaum
