486 E Avenue 28Los Angeles, CA 90031

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.

Property Information

Property type

Residential Income

Year built

1984

Living area

4,688 Sq Ft

Lot size

0.15 acres

Parking spaces

12

Zoning

LARD3

Days on market

17

MLS^® Listing#

26995683

Property Features

Heating

Wall Furnace

Fireplace

Bath · Kitchen · Living Room

Pool

None

Parking

Assigned · Covered

Laundry

Outside

Patio

None

Construction

Stucco

Windows

Screens

Financial Details

HOA

None

Parcel number

5206021026

Directions

From the I-5 Freeway, exit North Broadway and head north on North Broadway. Turn left onto Griffin Avenue, then turn right onto Avenue 28. The property will be located approximately halfway up the block on the right-hand side.