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
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$1,795,000
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6 Beds
Active

4346 Union Pacific Avenue Los Angeles, CA 90023

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Richard Combs

Richard Combs

+1(619) 838-9307

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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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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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4346 Union Pacific Avenue

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