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2316 Michigan Ave

Los Angeles, CA 90033
  • $1,199,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 22-148367
UPDATED: 53 min ago
$1,199,000
  • 6
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,796
    SQFT
  • $316
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Description

Great Investment Opportunity to own this 6 unit Multi Family apartment building located in the Boyle Heights area. All units are 1 bedroom & 1 bath and each units has inside laundry room. Each unit has it's own gas and electric meters. Property is located near by transportation, schools, stores and freeways. Property is subject to Los Angeles City Rent Control.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/127934292
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2316 Michigan Ave Los Angeles, CA 90033

  • Price: $1,199,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 53 min ago
  • MLS #: 22-148367
6
Beds
0
Baths
0
½ Baths
0.18
Acres
3,796
SQFT
$316
$/SQFT
1941
Built
Neighborhood:
Boyle Heights
County:
Los Angeles
Area:
Boyle Heights
Property Description
Great Investment Opportunity to own this 6 unit Multi Family apartment building located in the Boyle Heights area. All units are 1 bedroom & 1 bath and each units has inside laundry room. Each unit has it's own gas and electric meters. Property is located near by transportation, schools, stores and freeways. Property is subject to Los Angeles City Rent Control.
Exterior Features

Lot Size Area 7654 Other Structures None Parking Garage GarageParking Space Style Traditional Total Parking 6

Interior Features

Baths Total 6.00 Common Walls Attached Cooling Wall/Window Equipment Built-InsCeiling FanGarbage DisposalRange/OvenStackable W/D Hookup Heating Wall Laundry Room

Property Features

Assessed Total Value 82618 Gross Income 0 Gross Operating Income 56520 Insurance Expense 4086.00 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 42023.99 Number Of Buildings 3 Number Of Units 6 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 14496.01 Trash Expense 3380.00 Type Of Units Apartment Water Expense 4350.00 Year Built Source Vendor Enhanced Zoning Lar4

Listing provided courtesy of Judd Matsunaga DRE#00771301 of La Citywide Properties, Llc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-21T21:42:53.26. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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