486 E Avenue 28, Los Angeles, CA 90031
486 E Avenue 28, Los Angeles, CA 90031
486 E Avenue 28, Los Angeles, CA 90031
486 E Avenue 28, Los Angeles, CA 90031
486 E Avenue 28, Los Angeles, CA 90031
486 E Avenue 28, Los Angeles, CA 90031
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Joe Cloninger

Joe Cloninger

+1(323) 386-4663
$ 1,999,000
Est. payment | /mo

11 Beds

9 Baths

4,688 SqFt

Save
$ 1,999,000
Est. payment | /mo
Save

11 Beds

9 Baths

4,688 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,688 sqft

Price per Sqft $426

MLS Listing ID 26991751

Bedrooms 11

Year Built 1984

Lot Size 6,492 Sqft

Acres 0.149

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

Area Lincoln Heights

Zoning LARD3

Interior

Heating Wall

Laundry Laundry Area

Exterior

Garage Spaces 11.0

Roof Type Shingle

Building

Story 2

Water Public Hook-Up Available

Structure Type Stucco

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by 1st Class Investments & Realty

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+1(323) 386-4663

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486 E Avenue 28