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Sold$1,700,000on Nov 19, 2025
4346 Union Pacific Avenue, Los Angeles, CA 90023
Morgan Skenderian
6Beds
4Baths
96Days Listed
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 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.
Rick ApplebaumMorgan Skenderian
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 6
- Bathrooms
- 4
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 96
- Cumulative Days on Market
- 97
- Original Price
- $1,895,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Los Angeles Market Snapshot
1,496
Active Listings
$798K
Median Price
84
Avg Days on Market
Last updated: Nov 25, 2025
More Sold Properties in Los Angeles
View allBased on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$1,795,000