434 E Avenue 28, Los Angeles, CA 90031
434 E Avenue 28, Los Angeles, CA 90031
434 E Avenue 28, Los Angeles, CA 90031
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$1,125,000
Est. payment /mo
3,767 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26060288

Construction Status Fixer

HOA Y/N No

Year Built 1911

Annual Tax Amount $11,760

Tax Year 2024

Lot Size 3,767 Sqft

Property Sub-Type Quadruplex

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.

Location

State CA

County Los Angeles

Area 677 - Lincoln Hts

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Pool None

Community Features Curbs, Street Lights, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Private Pool No

Building

Lot Description 36-40 Units/Acre, Corner Lot

Story 2

Entry Level Two

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5206021003

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Auction

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Listed by Ed Sanchez EMPOWER Real Estate 818-381-2047, DRE #01293683

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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