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$ 1,795,000
Est. payment /mo
Active
4346 Union Pacific Avenue Los Angeles, CA 90023
5,413 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,413 sqft
Price per Sqft $331
MLS Listing ID CRPW25126510
HOA Y/N No
Year Built 1960
Lot Size 8,283 Sqft
Acres 0.19
Property Sub-Type Other
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
Zoning LCM1
Interior
Fireplace No
Laundry Common Area
Building
New Construction No
Others
Tax ID 5241016023
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Rick Applebaum • Morgan Skenderian