Multi-family investment opportunity in the heart of Lincoln Heights. This 2-story, 4-unit building sits on a 3,770 SF corner lot zoned LARD3 and offers strong value-add potential for experienced investors. Originally constructed in 1911, the property features approximately 4,307 SF of building area with 5 bedrooms and 4 bathrooms across four assessor-recognized units. Centrally located with excellent freeway access via the 110 and I-5, the property is minutes from Downtown Los Angeles, Lincoln Park, and the rapidly revitalizing Lincoln Heights commercial corridor along North Broadway. The neighborhood continues to attract investment as Northeast LA experiences sustained demand for multi-family housing. Property is sold strictly as-is. Subject to existing tenancies. Buyer to independently verify all unit configurations, permits, zoning compliance, and code status. Will likely will require a cash sale, as financing may not be possible.
Auction
Listed by: EMPOWER Real Estate • Ed Sanchez • Contact: 818-381-2047
Est. $1,125,000
434 E Avenue 28, Los Angeles, CA 90031
6beds
--baths
4,307sqft
Quadruplex
Built in 1911
-- sqft lot
$-- Zestimate®
$261/sqft
$-- HOA
Overview
- 152 days |
- 52 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Ed Sanchez DRE #01293683 818-381-2047,
EMPOWER Real Estate
Source: CRMLS,MLS#: BB26060288
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,307
- Total interior livable area: 4,307 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 3,770 Square Feet
- Features: 36-40 Units/Acre, Corner Lot
Details
- Parcel number: 5206021003
- Special conditions: Auction
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Frame, Stucco
- Foundation: Raised
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $261/sqft
- Tax assessed value: $1,226,000
- Annual tax amount: $11,760
- Date on market: 3/19/2026
- Cumulative days on market: 152 days
- Listing terms: Cash
- Tenant pays: Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$2,940/mo
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,226,000 +28.5% |
| 2025 | $11,943 +1.6% | $953,763 +2% |
| 2024 | $11,760 +1.9% | $935,063 +2% |
| 2023 | $11,537 +4.8% | $916,729 +2% |
| 2022 | $11,008 +1.4% | $898,755 +2% |
| 2021 | $10,856 -1% | $881,134 +1% |
| 2020 | $10,961 | $872,100 +2% |
| 2019 | $10,961 +151% | $855,000 +159.7% |
| 2018 | $4,367 | $329,253 +38.8% |
| 2017 | $4,367 +33.9% | $237,160 +2% |
| 2016 | $3,261 +3.9% | $232,511 +1.5% |
| 2015 | $3,139 | $229,019 +4.5% |
| 2012 | -- | $219,138 |
Find assessor info on the county website
Climate risks
Neighborhood: Lincoln Heights
Nearby schools
GreatSchools rating
- 7/10Hillside Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Florence Nightingale Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Abraham Lincoln Senior High SchoolGrades: 9-12Distance: 0.5 mi
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