486 E Avenue 28, Los Angeles, CA 90031
486 E Avenue 28, Los Angeles, CA 90031
486 E Avenue 28, Los Angeles, CA 90031
9
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$1,999,000
Est. payment /mo
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11 Beds
9 Baths
4,688 SqFt
Active

486 E Avenue 28 Los Angeles, CA 90031

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,688 sqft

Price per Sqft $426

MLS Listing ID 26995683

Style A-Frame

Bedrooms 11

Year Built 1984

Lot Size 6,492 Sqft

Acres 0.149

Property Sub-Type Multi-Family

Property Description

Excellent investment opportunity in Lincoln Heights, a centrally located and evolving Los Angeles neighborhood. Conveniently situated near Dodger Stadium, Downtown Los Angeles, Chinatown, Highland Park, Frogtown/Elysian Valley, and East Los Angeles, with easy access to major freeways and surrounding employment and entertainment centers.Select units offer views of the Downtown Los Angeles skyline. The property features an established tenant base with long-term residents and a strong history of timely rent payments. One to two units are anticipated to be delivered vacant at close of escrow, providing the new owner with flexibility for owner occupancy. A well-located multifamily opportunity in one of Northeast Los Angeles' most conveniently situated communities. Buyer to independently verify all information, including vacancy status, rents, unit conditions, and views.

Location

State CA

County Los Angeles

Area Lincoln Heights

Zoning LARD3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Fireplaces Type Kitchen, Bath, Living Room

Equipment None

Laundry Outside

Exterior

Parking Features Assigned, Covered Parking

Garage Spaces 12.0

Pool None

View Y/N No

View None

Building

Water Public

Architectural Style A-Frame

Level or Stories Two

Structure Type Stucco

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by 1st Class Investments & Realty

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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486 E Avenue 28