434 E Avenue 28, Los Angeles, CA 90031

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434 E Avenue 28

$1,125,000

Overview

Property ID: HZBB26060288

Quadruplex
Property Type

0
Garage

1911
Year Built

Description

Bank-owned 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. Cash or equivalent financing strongly preferred. A signed Release and Hold Harmless Agreement is required prior to all showings.