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
| Cooling | See Remarks |
|---|---|
| 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 |
|---|---|
| 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 55+
- 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
Visits
Year Built
Walkscore
Based on information from California Regional Multiple Listing Service, Inc. as of January 26, 2021 2:14 PM UTC 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.
The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
