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11-Bedroom Residential Income - 486 E Avenue 28, Los Angeles, CA

$1,999,000

486 E Avenue 28, Los Angeles, CA

486 E Avenue 28, Los Angeles, CA 90031 - $1,999,000 · 11 bd 9 ba Multi-Family Home for Sale, photo 1 486 E Avenue 28, Los Angeles, CA 90031 - $1,999,000 · 11 bd 9 ba Multi-Family Home for Sale, photo 2 486 E Avenue 28, Los Angeles, CA 90031 - $1,999,000 · 11 bd 9 ba Multi-Family Home for Sale, photo 3 486 E Avenue 28, Los Angeles, CA 90031 - $1,999,000 · 11 bd 9 ba Multi-Family Home for Sale, photo 4 486 E Avenue 28, Los Angeles, CA 90031 - $1,999,000 · 11 bd 9 ba Multi-Family Home for Sale, photo 5
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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 details

Bedrooms
11
Bathrooms
9
Square feet
4,688
Year built
1984
Property type
Residential Income
Lot size
6,492 sqft

Location

486 E Avenue 28 • Los Angeles, CA 90031

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Listed by

Antonio Aguilera · 1st Class Investments & Realty

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Listing courtesy of 1st Class Investments & Realty. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715