Lincoln Heights Multifamily Investment
For Sale
$1,125,000
434 E Avenue 28, Los Angeles, CA 90031
Four-unit building with value-add potential in a prime location.
Property Size4,307 SF
Lot Size0.09 Acres
Price / SF$261.20
Days on Market148
Property Features for 434 E Avenue 28
General Information
Standard status
Active
Size
4,307 SF
Lot size
0.09 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$11,760
Building Details
Building Size
4,307 SF
Year Built
1911
Stories
2
Units
4
Listing Agency:
Edward Thomas Investments
(818) 381-2047
Listed By:
Ed Sanchez · License #01293683
(818) 381-2047
Source:
Elliman
Added: Mar 24
Changed: Aug 8
Last Checked: Aug 17 at 8:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edward Thomas Investments
Investment Insights
Based on property information with market context.
Located in the heart of Lincoln Heights, this multi-family investment opportunity features a 2-story, 4-unit building situated on a 3,770 square foot corner lot. The property, zoned LARD3, offers strong value-add potential for experienced investors. Constructed in 1911, the building encompasses approximately 4,307 square feet of building area and includes 5 bedrooms and 4 bathrooms across four assessor-recognized units. Its central location provides excellent freeway access via the 110 and I-5, placing it minutes from Downtown Los Angeles, Lincoln Park, and the revitalizing Lincoln Heights commercial corridor along North Broadway. The neighborhood is experiencing sustained demand for multi-family housing and attracting ongoing investment. The property is sold strictly as-is and is subject to existing tenancies. Cash or equivalent financing is strongly preferred. Buyer is responsible for independently verifying all unit configurations, permits, zoning compliance, and code status.
Key Highlights
- Strong value‑add potential for experienced investors.
- Excellent freeway access via the 110 and I‑5.
- Centrally located minutes from Downtown Los Angeles, Lincoln Park, and North Broadway.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,303
Businesses Nearby
Explore this area
Business Placement
Demographics for 90031, CA
37,333
Population
12,686
Households
2.9
Avg Household Size
37
Median Age
24%
College-Educated
66%
High-School Grad
3.5 sq mi
ZIP Area
10,667
Density / Sq Mi
$62,119
Median Household Income
$34,356
Median Earnings
$1,487
Median Rent
$758,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit building with value-add potential in a prime location.
Where is this quadplex located?
The property is located at 434 E Avenue 28 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Strong value‑add potential for experienced investors.; Excellent freeway access via the 110 and I‑5.; Centrally located minutes from Downtown Los Angeles, Lincoln Park, and North Broadway.
