486 E Avenue 28, Los Angeles, CA 90031

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Listing courtesy of Listing Agent: Antonio Aguilera (ton@dreambloxx.com) from Listing Office: 1st Class Investments & Realty.

List Price
$1,999,000
Status
ACTIVE
Days on Market
1
MLS#
26991751
Subtype
Commercial Sale
Year Built
1984
Lot Size
6,492
Acres
0.15
MLS Area Major
Lincoln Hts (677)

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.

Additional Information

Zoning
LARD3
Heating
Wall Furnace
Exterior Construction
Stucco
Roof
Shingle

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.