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486 E Avenue 28 Los Angeles, CA 90031
4,688 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 4,688 sqft
Price per Sqft $426
MLS Listing ID CL26991751
HOA Y/N No
Year Built 1984
Lot Size 6,492 Sqft
Acres 0.149
Property Sub-Type Comm Ind For Sale
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, renovation, or repositioning.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
Zoning LARD3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Total Parking Spaces 11
Building
New Construction No
Others
Tax ID 5206021026
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Listed by Antonio Aguilera • 1st Class Investments & Realty