4346 Union Pacific Avenue, Los Angeles 90023

$1,700,000

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6

Beds

4

Baths

8,283

Lot Size

9

# Of Units

About 4346 Union Pacific Avenue

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.

Features of 4346 Union Pacific Avenue

MLS® # PW25126510
Price $1,795,000
Sold Price $1,700,000
Bedrooms 6
Bathrooms 4.00
Lot Sqft 8,283
Acres 0.19
Year Built 1960
Type Residential Income
Sub-Type Apartment
Status Closed
# Of Units 9

Community Information

Address 4346 Union Pacific Avenue
Area BOYH - Boyle Heights
City Los Angeles
County Los Angeles
Zip Code 90023

Amenities

Parking Spaces 9
# of Garages 1
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 2

Additional Information

Date Listed June 5th, 2025
Date Sold November 19th, 2025
Days on Market 96
Zoning LCM1-R4*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentRick Applebaum
OfficeMorgan Skenderian

Listing Map

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