Search
Multifamily Property with Skyline Views
New
For Sale
$1,999,000

486 E Avenue 28, Los Angeles, CA 90031

Located in Lincoln Heights, the property includes established tenancy and select residences with downtown skyline views.

Property Size4,688 SF
Days on Market6

Property Features for 486 E Avenue 28

General Information

Standard status Active
Size 4,688 SF
Property subtype COMMERCIAL

Additional Details

Highway Access Yes

Building Details

Building Size 4,688 SF
Year Built 1984
Listing Agency: 1st Class Investments & Realty
Listed By: Antonio Aguilera · License #01230821
Source: Archetyperealty
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:58PM

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 1st Class Investments & Realty

Investment Insights

Based on property information with market context.

This multifamily property in Los Angeles was built in 1984. Select units have views of the Downtown Los Angeles skyline, and the property has an established tenant base that includes long-term residents. One to two units are anticipated to be vacant at closing.

The property is in Lincoln Heights, with access to major freeways and proximity to Downtown Los Angeles, Chinatown, Highland Park, Frogtown/Elysian Valley, East Los Angeles, and Dodger Stadium.

Key Highlights

  • Built in 1984
  • Select units offer views of the Downtown Los Angeles skyline
  • Established tenant base includes long‑term residents

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Tech Support Center Computer & Electronic Repair

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

Lease Details

Yes
Highway access

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Located in Lincoln Heights, the property includes established tenancy and select residences with downtown skyline views.
Where is this multifamily property located?
The property is located at 486 E Avenue 28 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Built in 1984; Select units offer views of the Downtown Los Angeles skyline; Established tenant base includes long‑term residents
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message