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2221 MICHIGAN Avenue, Los Angeles, CA 90033

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Listing Type
multi family
Listing Status
pending
1
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Transportation
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$3,600,000

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Home Details for 2221 MICHIGAN Avenue

Price
$3,600,000
Type
multi family
Year Build
1926
Sq. Ft.
9,229
Lot Size
0.1390
County
Los Angeles
On exitrealty.com
1236 days
MLS Listing#
17293336

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.

Property Features

EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
$3,600,000

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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
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