Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

9

Building size

4,688 sqft

Lot size

6,492 sqft

Year built

1984

Stories

0

Garage spaces

0

Heating

Wall Furnace

Pool

None

View

None

Status

Active

Days on market

13

MLS #

247664984

About this 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.

Location

486 E Avenue 28

Los Angeles, Los Angeles, CA, 90031