486 E Avenue 28 Los Angeles, CA ^$ 1,999,000

486 E Avenue 28

^$ 1,999,000

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Recently Listed

486 E Avenue 28

Los Angeles, CA, 90031

^$ 1,999,000

Bedrooms11 Baths2.0 Sq 4,688

Monthly Estimate*

^$ 13,807

Listed by Antonio Aguilera, 1st Class Investments & Realty, ton@dreambloxx.com

486 E Avenue 28, Los Angeles, CA 90031 - Image 1

486 E Avenue 28, Los Angeles, CA 90031 - Image 2

486 E Avenue 28, Los Angeles, CA 90031 - Image 3

486 E Avenue 28, Los Angeles, CA 90031 - Image 4

486 E Avenue 28, Los Angeles, CA 90031 - Image 5

486 E Avenue 28, Los Angeles, CA 90031 - Image 6

486 E Avenue 28, Los Angeles, CA 90031 - Image 7

486 E Avenue 28, Los Angeles, CA 90031 - Image 8

486 E Avenue 28, Los Angeles, CA 90031 - Image 9

Multi-Family Home for sale in Los Angeles, CA

for $1,999,000 with 11 bedrooms and 2 full baths. This 4,688 square foot home was built in 1984 on a lot size of 0.149.

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.

Multi-Family Active

Price

^$ 1,999,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.149

Year Built

1984

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26995683

Days on Market

Features

General

Living Area 4688

Heating Wall Furnace

Possession Close Of Escrow

Zoning LARD3

Garage Spaces 0

Patio/Porch Features None

Pool Features None

Construction Materials Stucco

Year Built 1984

Tenant Pays Electricity Gas

View None

Stories Count 2

Levels Two

Gross Income 220800

County Los Angeles

Net Operating Income 165340

New Construction false

Property Type Residential Income

HOA false

Facing Direction North

Garage Y/N false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions From the I-5 Freeway exit North Broadway and head north on North Broadway. Turn left onto Griffin Avenue then turn right onto Avenue 28. The property will be located approximately halfway up the block on the right-hand side.

City Los Angeles

Senior Community Y/N false

Open Parking Spaces 3

Number Of Units Total 9

MLS Area 677 - Lincoln Hts

Lot Size Units Square Feet

Lot Size Square Feet 6492

Carport Spaces 0

Spa Features None

Land Lease Y/N false

Additional Parcels Y/N false

Rent Control Y/N true

Standard Status Active

Cap Rate 8.27

Interior

Fireplace Features Bath Kitchen Living Room

Total Stories 0

Heating Y/N true

Window Features Screens

Fireplace Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Outside

Total Bedrooms 11

Total Baths 9

Exterior

Parking Features Assigned Covered

Total Parking 12

Lot Size Area 6492

Number of Buildings 9

Spa false

Building Area Total 4688

Lot Size Acres 0.149

Private Pool false

* Excluded Features

List By

Antonio Aguilera

Listing Agent

1St Class Investments & Realty

Broker

ton@dreambloxx.com

Affordability Calculator

$13,807

Per Month

Monthly Principal & Interest: $13,807
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,883,496

Percent of Sale Price 6%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/2/2026	$1,999,000		Listed Price

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486 E Avenue 28, Los Angeles, CA, 90031 is a Multi-Family Home for sale at $1,999,000 with 4,688 sqft and a lot size of 0.149. 486 E Avenue 28 has 11 bedrooms, 2.0 baths, and was built in 1984. The property's zip code is 90031 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/11/2026. 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.

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486 E Avenue 28

Multi-Family Home for sale in Los Angeles, CA

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