Los Angeles, CA 90033,2221 Michigan AVE
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$ 5,290,000
Est. payment | /mo

6,181 Sqft Lot


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$ 5,290,000
Est. payment | /mo
Save

6,181 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25185844

Construction Status Updated/Remodeled,Under Construction

HOA Y/N No

Year Built 1926

Lot Size 6,181 Sqft

Property Sub-Type Apartment

Property Description

32-unit property with 8 apartments and 24 singles. All units have their own bathrooms and kitchens. This would be a perfect opportunity for a master lease option or purchase by a program to house their own clients. All units are to be delivered fully renovated and housing ready. A full renovation is underway which includes complete plumbing re-pipe, electrical re-wire with all brand new equipment and separate metering, mini split HVAC systems, and all new finishes. Finishes are being installed now. There is a basement laundry room and manager's unit. Start from a fresh slate and make this building your own!

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAR4

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Pool None

Community Features Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description Near Public Transit, Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled,Under Construction

Others

Senior Community No

Tax ID 5183003012

Security Features Closed Circuit Camera(s)

Energy Description 5357.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Logan Altman Altman Apartments LLC 310-903-0222

GET MORE INFORMATION

agent
Carlos Echegaray

Broker | Lic# DRE 02006401

+1(805) 229-9548

15303 Ventura Blvd Suite 900, Oaks, Ca, 91403

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2221 Michigan AVE