434 E Avenue 28, Los Angeles, CA 90031
- $1,125,000
- List Price
- $1,125,000
- Status
- ACTIVE
- MLS#
- BB26060288
- Year Built
- 1911
- Lot Size
- 3,770
- Acres
- 0.09
- Lot Location
- 36-40 Units/Acre, Corner Lot
- Days on Market
- 130
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
Property Description
Multi-family investment opportunity in the heart of Lincoln Heights. This 2-story, 4-unit building sits on a 3,770 SF corner lot zoned LARD3 and offers strong value-add potential for experienced investors. Originally constructed in 1911, the property features approximately 4,307 SF of building area with 5 bedrooms and 4 bathrooms across four assessor-recognized units. Centrally located with excellent freeway access via the 110 and I-5, the property is minutes from Downtown Los Angeles, Lincoln Park, and the rapidly revitalizing Lincoln Heights commercial corridor along North Broadway. The neighborhood continues to attract investment as Northeast LA experiences sustained demand for multi-family housing. Property is sold strictly as-is. Subject to existing tenancies. Buyer to independently verify all unit configurations, permits, zoning compliance, and code status. Will likely will require a cash sale, as financing may not be possible.
Additional Information
- Taxes
- $11,760
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Exterior Construction
- Frame, Stucco
- Roof
- Composition
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Ed Sanchez (Ed@RemaxEmpower.com) from Listing Office: EMPOWER Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.