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Lincoln Heights Multifamily Investment Opportunity
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 Market197

Property Features for 434 E Avenue 28

General Information

Standard status Active
Size 4,307 SF
Lot size 0.09 Acres
Property subtype Quadruplex

Taxes and HOA fees

Annual Taxes $11,760

Building Details

Building Size 4,307 SF
Year Built 1911
Listing Agency: EMPOWER Real Estate
Listed By: Ed Sanchez · License #01293683
Source: Truthrealty
Added: Mar 19 Changed: Sep 25 Last Checked: Sep 30 at 4:35PM

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 EMPOWER Real Estate

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

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Computer & Electronic Repair Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,303
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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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.
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