434 E Avenue 28, Los Angeles, CA 90031
List Price: $1.13M
Listing Status: Active
0Days on Market: 68
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1911
Lot Size: 3,770 sq ft
Private Pool: Yes
Annual Property Tax: $11,760
MLS Number: BB26060288
About This Property
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.
Listing provided by: Ed Sanchez DRE #01293683 818-848-3637 Ed@RemaxEmpower.com, EMPOWER Real Estate
Source: CRMLS, MLS #: BB26060288
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.