CA > Los Angeles
Los Angeles, CA 90023,4346 Union Pacific Avenue
Los Angeles, CA 90023,4346 Union Pacific Avenue
Los Angeles, CA 90023,4346 Union Pacific Avenue
Los Angeles, CA 90023,4346 Union Pacific Avenue
Los Angeles, CA 90023,4346 Union Pacific Avenue
Los Angeles, CA 90023,4346 Union Pacific Avenue
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Gloria Shepard

Gloria Shepard

+1(619) 889-8498
$ 1,795,000
Est. payment | /mo

6 Beds

4 Baths

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

6 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25126510

Bedrooms 6

Property Sub-Type Res Income 2-4 Units

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 upsideup 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. Dont 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 Assessor

Direction West of the 710 Freeway and South of the 5 Freeway.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5241016023

MLS Router / San Diego MLS
Listed by Rick Applebaum Morgan Skenderian

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agent

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

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4346 Union Pacific Avenue

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