434 E Avenue 28 Los Angeles, CA 90031

Building Details

Year Built

1911

Listing Agency Edward Thomas Investments E*@remaxempower.com Show Phone

Listed by Ed Sanchez · License #01293683 Show Phone

Source Elliman

Added: Mar 24 Checked: Jul 19 at 5:40 am

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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

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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.

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FAQs

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.