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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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4346 Union Pacific Avenue Los Angeles, CA 90023
$1,895,000 0 beds, 0 baths
0 sqft
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The Keaty Team

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Agent Remarks

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% cap rate on current rents, plus significant upside—up to 40% 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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# PW25126510
List price is $1,895,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1960
0.19 acres
Lot size: 0.1902
County: Los Angeles
Zoning: LCM1-R4*
MLS area: BOYH - Boyle Heights

Last Updated: 6/6/2025

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 Find more homes in 90023 zip code

This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.016206, -118.178367.
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Listing Agent: Rick Applebaum
Co Listing Agent: Paul Espinosa
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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