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$1,125,000
 $6,039 est/mo Sourced by Back At You

434 E Avenue 28,Los Angeles, CA 90031

Los Angeles, CA 90031

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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.

Details

MLS #BB26060288
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1911
Days On Site168
Listing Provided ByEMPOWER Real Estate | Ed Sanchez

Features

SQ Feet4,307
Story(s)2
Units4
Building(s)1
Acreage0.09
Property ViewNone

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
Fireplace Yes / NoNo

Exterior

RoofComposition
Construction MaterialsFrame, Stucco
Foundation DetailsRaised
Lot FeaturesThirty Six To Forty Units Acre, Corner Lot

Parking

Parking FeaturesNone
Garage Yes / NoNo

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
SewerPublic Sewer

Location

Community FeaturesCurbs, Street Lights, Sidewalks, Urban

Taxes

Property11760

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90031
Area677 Lincoln Hts
Listing VS Median (in 90031)
Price:
$1,125,000
low | high
Med:
$799,000
78.977777777778% of Average
sqft:
4,307
low | high
Med:
1,229
100% of Average
$ / sqft:
$261
low | high
Med:
$650
98.895615224663% of Average
On site:
168
low | high
Med:
218
77.064220183486% of Average
Sourced by Back At You

Market Activity 90031

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Coldwell Banker Home Source

Coldwell Banker Home Source

01902736 (760) 684-8100info@cbhomesource.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90031
Area677 Lincoln Hts
Listing VS Median (in 90031)
Price:
$1,125,000
low | high
Med:
$799,000
78.977777777778% of Average
sqft:
4,307
low | high
Med:
1,229
100% of Average
$ / sqft:
$261
low | high
Med:
$650
98.895615224663% of Average
On site:
168
low | high
Med:
218
77.064220183486% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $843K - $1.46M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
2232 Workman Property Photo 1
$1,628,000
2232 Workman
Los Angeles, CA 90031
Listing Updated: August 21, 2026 at 10:50:10 PM PDT

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