Properties
Los Angeles, CA 90031 434 E Avenue 28
$1,125,000
1 more
Presented By: Ed Sanchez with EMPOWER Real Estate; 818-381-2047
SQFT • 4,307
Home Details
Multi-family investment opportunity in the heart of Lincoln Heights. This 2-story, 4-unit building sits on a 3,770 SF corner lot zoned LARD3 and offers strong value-add potential for experienced investors. Originally constructed in 1911, the property features approximately 4,307 SF of building area with 5 bedrooms and 4 bathrooms across four assessor-recognized units. Centrally located with excellent freeway access via the 110 and I-5, the property is minutes from Downtown Los Angeles, Lincoln Park, and the rapidly revitalizing Lincoln Heights commercial corridor along North Broadway. The neighborhood continues to attract investment as Northeast LA experiences sustained demand for multi-family housing. Property is sold strictly as-is. Subject to existing tenancies. Buyer to independently verify all unit configurations, permits, zoning compliance, and code status. Will likely will require a cash sale, as financing may not be possible.
Presented By: Ed Sanchez with EMPOWER Real Estate; 818-381-2047
Interior Features for 434 E Avenue 28
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 434 E Avenue 28
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesCurbs, Street Lights, Sidewalks, Urban
Construction MaterialsFrame, Stucco
ContingencyProperty sold AS-IS, with no credits or repairs.
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsFrom the 110 Fwy: Exit Avenue 26, head east. Turn left (north) on Idell St, then right (east) on Avenue 28. Property is on the right (south side) at 434 E Avenue 28, at the corner of Johnston St.
Electric Expense
Entry LocationGround Level
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense
Land Lease Y/NNo
LevelsTwo
Listing TermsCash
Lot Size Square Feet3770
Lot Size UnitsSquare Feet
MLS Area677 - Lincoln Hts
Net Operating Income
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense0
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NNo
Property ConditionFixer
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsAuction
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount11760
Tax Lot2
Tax Year2024
Tenant PaysOther
Trash Expense0
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense0
Year Built1911
Year Built SourceAssessor
Exterior for 434 E Avenue 28
Building Area Total4307
Foundation DetailsRaised
Lot Features36-40 Units/Acre, Corner Lot
Lot Size Acres0.0865
Lot Size Area3770
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Parking FeaturesNone
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
