Bank Owned · Residential Income · MLS# BB26060288

434 E
Avenue 28.

Lincoln Heights · Los Angeles, California 90031
Offered At
$1,125,000
Units per Assessor
4
Lot Size
3,770 SF
Year Built
1911
Sale Type
REO, As Is
Discover
Buyer Verification

Buyer to independently verify all unit configurations, permits, zoning compliance, and code status. The unit count shown on this page is the LA County Assessor record for this parcel. County assessor records and City of Los Angeles building department records may differ, and Empower makes no representation that either record matches the physical configuration of the building. No rental income figure is published on this page; Empower has not verified rents against executed leases. Confirm unit configuration, permits, zoning compliance, code status, any recorded orders or liens, and any income through your own diligence, your own advisors, and the seller's disclosure package before submitting an offer.

The Opportunity

Four units on one lot, in Lincoln Heights

434 E Avenue 28 is a 1911 residential income property in Lincoln Heights, a neighborhood of Northeast Los Angeles within the City of Los Angeles. The LA County Assessor records four units on the 3,770 square foot lot.

The property is bank owned, occupied, and offered strictly as is. This is positioned for an income investor or a value add buyer who is underwriting permitting and code work and is comfortable acquiring an occupied property. Buyers and their agents must verify the unit configuration, permits, zoning compliance, code status, rents, and occupancy through their own diligence; the seller makes no representations as to condition.

List Price
$1,125,000
Sale Type
REO, sold as is
Property Type
Residential income
Units
4 per LA County Assessor
Lot Size
3,770 SF (CRMLS)
Year Built
1911
Occupancy
Occupied
Neighborhood
Lincoln Heights
City
Los Angeles 90031
MLS#
BB26060288
Listed
March 19, 2026

Source: CRMLS listing BB26060288, as of November 3, 2026; unit count per the LA County Assessor; sale type per the seller's asset record.

Why Investors Look Here

The investor case

Buyer Verification

Unit count below is the LA County Assessor record. Buyer to independently verify all unit configurations, permits, zoning compliance, and code status; county assessor records and City of Los Angeles building department records may differ. No rental income figure is published for this property.

01

Four Units, One Parcel

The LA County Assessor records four units on a single 3,770 square foot lot. One deed and one parcel to own and manage. The legal unit configuration is for the buyer to verify with the City of Los Angeles building department.

02

1911 Character

Pre war construction with the clapboard massing and exterior stair detail typical of Lincoln Heights vintage income property.

03

Northeast LA Location

The parcel sits in Lincoln Heights, in Northeast Los Angeles, inside the City of Los Angeles at 90031. Zoning of record is [Q]RD3-1D-HCR, a multi unit residential designation, per the LADBS parcel profile report dated December 7, 2025.

04

Value Add Through Cure

Offered as is at a bank owned basis. The work a buyer underwrites here is building work: permitting, remediation, and bringing the improvements into documented compliance.

05

Occupied Today

The building is occupied with tenants in place. Empower has not verified rents against executed leases, so no income figure is published; a buyer underwrites income from the seller's disclosure package and their own diligence.

06

REO Disposition

A bank owned seller motivated to close. Cash and fast close offers with proof of funds are viewed favorably. Clean, direct, broker facilitated.

How The Sale Works

REO purchase, plainly stated

What buyers should know

  • The property is bank owned (REO) and sold strictly as is, where is. The seller makes no repairs and does not warrant condition.
  • The property is occupied with tenants in place. Buyers take the property subject to all existing tenancies. The LADBS parcel profile reports this parcel as subject to the City of Los Angeles Rent Stabilization Ordinance, and Just Cause protections apply. A buyer assumes the obligations of a rental property owner under those ordinances from the date of closing, and should confirm the full scope of those obligations with their own legal counsel before submitting an offer.
  • There is no interior access. Do not disturb the occupants. Buyers underwrite from the exterior, the MLS record, and the seller's disclosure package.
  • Unit count is the LA County Assessor record. Buyer to independently verify all unit configurations, permits, zoning compliance, and code status. County assessor records and City of Los Angeles building department records may differ, and Empower makes no representation that either record matches the physical configuration of the building.
  • Obtain the seller's disclosure package and independently verify permits, code status, and any recorded orders or liens against the property before submitting an offer.
  • No rental income figure is published for this property. Empower has not verified rents against executed leases, so any income assumption is the buyer's to underwrite.
  • Cash and fast close offers are viewed favorably in REO dispositions. Proof of funds accompanies any offer.
  • Contact the listing broker for offer instructions, disclosures, and occupancy detail.
For Investors

This is one asset. See the whole pipeline.

Empower manages a recurring inventory of bank owned assets across Southern California. Registered investors see what is coming to market before it lists and get the first call on assets matching their criteria.

Questions about this property

Is 434 E Avenue 28 in Los Angeles still available?

Yes. It is active, per CRMLS listing BB26060288.

What is the list price of 434 E Avenue 28 in Los Angeles?

The list price is $1,125,000, per CRMLS listing BB26060288.

How many units does 434 E Avenue 28 have?

The LA County Assessor records four units. County and City records may differ from the physical configuration; buyers verify the legal unit configuration with the City of Los Angeles building department.

When was 434 E Avenue 28 built, and how large is the lot?

Built in 1911, on a 3,770 square foot lot, per CRMLS listing BB26060288.

Is 434 E Avenue 28 occupied?

Yes. Tenants are in place and buyers take the property subject to all existing tenancies. The LADBS parcel profile reports the parcel as subject to the City of Los Angeles Rent Stabilization Ordinance, and Just Cause protections apply.

What is 434 E Avenue 28 zoned?

Zoned [Q]RD3-1D-HCR, per the LADBS parcel profile report dated December 7, 2025.

How is 434 E Avenue 28 being sold?

Strictly as is, subject to existing tenancies, per the CRMLS listing remarks. Contact the listing broker for the current offer terms.

Can 434 E Avenue 28 be financed?

The CRMLS listing remarks state the sale will likely require cash, as financing may not be possible. Buyers confirm lender requirements with their own lender.

Who is the listing agent for 434 E Avenue 28 in Los Angeles?

Ed Sanchez, Broker, DRE #01293683, direct (818) 381-2047, of Empower Real Estate, DRE #01507986, 701 S. Victory Blvd., Burbank, CA 91502, office (818) 848-3637.

Source: CRMLS listing BB26060288 and its remarks, as of November 3, 2026; unit count per the LA County Assessor; zoning and rent stabilization status per the LADBS parcel profile report dated December 7, 2025.

Inquire

Offers and diligence

Contact the listing broker for offer instructions, disclosures, and occupancy detail. The property is occupied and there is no interior access.

ES
Broker / Owner · Empower Real Estate
DRE #01293683 · (818) 848-3637
ed@empowerburbank.com

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