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Sold for $1,700,000 · Nov 2025

SOLD

Listed at $1,795,000

Sold

4346 Union Pacific Avenue, Los Angeles, CA 90023

Los Angeles, CA

MLS# PW25126510

5,413 Sq Ft • Apartment
96 days on market

Listing Agent

Rick Applebaum

Listing Agent

Morgan Skenderian

DRE #: 01273871

Brokerage: Morgan Skenderian

Property Details

N/A

Bedrooms

N/A

Bathrooms

5,413 sqft

Square Feet

1960

Year Built

8,283 sqft

Lot Size

$314

Price/Sq Ft

1

Garage Spaces

N/A

HOA

Apartment

Property Type

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 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.

Listing description from the November 2025 sale, as reported to CRMLS.

Sale history for 4346 Union Pacific Avenue

1 recorded sale

$1,700,000
Sold November 2025 · listed $1,795,000, orig. $1,895,000, on market June 2025, 96 days on market · MLS #PW25126510 · Source: CRMLS
Listing Agent: Rick Applebaum · Listing Office: Morgan Skenderian · Contact: rma@morganskenderian.com · Bought with: Araceli Tacuba · JohnHart Corp

How this sale compares

4346 Union Pacific Avenue sold for $1,700,000 in November 2025, 5.3% under its $1,795,000 list price, after 96 days on the market. It was first listed at $1,895,000. Across 60 closed sales in 90023 over the last 12 months, the median sold price is $742,500 and the median is $564 per square foot.

$564
90023 median per sq ft (12 mo)
$742,500
90023 median sold price (12 mo)
60
Closed sales in 90023 (12 mo)
96
Days on market
−5.3%
Sold vs. list price
QuarterClosed sales in 90023Median sold price
Q1 20265$780,000
Q2 202622$705,000
Q3 202629$740,000
Q4 20264$782,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90023

Recent sales near 4346 Union Pacific Avenue

Closed sales reported in 90023, nearest first, last 12 months. All recent sales in Los Angeles →

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CRMLS

MLS# PW25126510

Listed: 6/5/2025

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 11/19/2025. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Morgan Skenderian

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.