486 E Avenue 28, Los Angeles, California, United States, 90031

1,999,000
for Sale
6,492

About the property:

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 Type:
Multi-Family Home
Status:
for Sale
Acres:
0.149
Square Feet:
4688
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.
Is Entertainment:
Yes
Is I C I:
Yes
Is Investment:
Yes
Is Land:
Yes
Is Multi Family:
Yes
Is Unit:
Yes
Listing ID:
26995683

Rooms

Dimensions

Brokered by:
1st Class Investments & Realty
Presented By: