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434 E Ave 28

Los Angeles CA 90031

3
3770 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
3770 sq. ft. lot size
Multi-Family

Property history for 434 E Ave 28

2018
Sold
$855,000
30 Oct 2018 by Carol Kurachi, of Pacific Union International

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Local market activity for 3 bedroom multi families in Los Angeles

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Sales:
(619) 566-0008
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