x
Address
2221 MICHIGAN Avenue Los Angeles, CA
Price
$ 3,600,000
Property Attributes
  • MLS#17293336
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90033
  • Style
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9229
  • Lot Size6,055 SqFt
Listing Provided Courtesy Of:
Davis Saadian with BRC Advisors.
Property Description

We are pleased to offer for sale this thirty-two (32) unit multifamily investment offering, located in the City of Los Angeles. This two-story building was constructed of wood frame and stucco on a raised foundation built in 1926 with a square footage of 9,229 on a 6,055-square foot lot. Meticulously landscaped and recently renovated, the subject property represents a very desirable asset in the supply-constrained Boyle Heights sub-market. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of twenty-four (24) bachelor units, six (6) studio units, and two (2) 1+1 units. The investment is subject to the City of Los Angeles rent control regulation.

Price History
12/1/2017 Listed $3,600,000

General Features

Directions 2221 MICHIGAN AVENUE, LA 90033
Listagentaor CLAW
Listing Agent Davis Saadian - BRE#01921748
Listing Agent State License 01921748
MLS Area BOYH - Boyle Heights
Price Per Square Foot 390.07
Source System CRMLS
Special Listing Conditions Standard
Total Units 32
Zoning LAR4

Interior Features

Air Conditioning Y/N Yes
Cooling See Remarks
Laundry Features See Remarks
Laundry Y/N Yes
Total Stories 2

Exterior Features

Building Area Total 9229.00
Lot Size Acres 0.1390
Lot Size Area 6055.0000
Lot Size Source Appraiser
Lot Size Square Feet 6055.00
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90033

Price
AVG $1.4M
$3.6M
Visits
AVG 15
84
Year Built
AVG 1927
1926
Walkscore
AVG 83
91
Data Provided by Walkscore ® not using MLS data

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