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4346 Union Pacific Avenue, Los Angeles, CA 90023
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$1,795,000
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Home Details for 4346 Union Pacific Avenue
Price
$1,795,000
Type
Condo/Townhome
Year Build
1960
Lot Size
0.1902
County
Los Angeles
Garage
1
MLS®️ Listing#
PW25126510
On exitrealty.com
171 days
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.
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Listing Courtesy: Morgan Skenderian - rma@morganskenderian.com. Presented by: Rick Applebaum and Paul Espinosa
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:05:44 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,795,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.