2202 Michigan Ave
Los Angeles, CA 90033
12 Beds
28 Baths
22,124 Sq Ft
26 Days on Market
For Sale $7,650,000
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Courtesy of CB RICHARD ELLIS

Listing Agent & Comments

ERIC CHENCB RICHARD ELLIS
909-418-2071eric.chen@cbre.com License #01489184
We are proud to present an exceptional opportunity to acquire a well-maintained, 28-unit apartment complex at 2202 Michigan Avenue. This ±22,154 SF building sits on a ±22,386 SF lot and is situated between N Chicago Street and N Soto Street on Michigan Avenue. This vibrant location positions your investment at the heart of it all. Residents enjoy convenient access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, and much more. Major freeways (10, 5, 60, and 101) are minutes away, along with a vibrant mix of shopping centers, restaurants, museums, and retailers. The property also sits one-block away from highly amenitized retail corridors on Ceasar Chavez Boulevard and Soto Street. This prime location isn’t just about convenience; it’s about capitalizing on a booming market. Los Angeles, the entertainment capital, experiences high demand for quality rentals. The property sits amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers. 2202 Michigan Avenue offers the perfect blend of value and income potential. This well-maintained property features desirable amenities like lush landscaping, controlled entry gate, on-site parking, laundry facilities, pet-friendly dog run, and BBQ communal area. Individual units boast security doors, kitchens with dishwashers and stainless steel appliances, air conditioning, ceiling fans, and vertical blinds. With low vacancy rates and consistent rental income, 2202 Michigan Avenue is a secure long-term investment ideal for any investor seeking a strong return. This opportunity caters to a wide range – first-time purchasers, seasoned investors, and those seeking a 1031 exchange – providing a win-win scenario.

MLS# CV24219877 • Data provided by CRMLS
Additional home details
Living Area22,124 Sq.Ft.
Lot Size0.5 Acres
Total Rooms--
Bedrooms12
Bathrooms28
Stories2
Year Built1985
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$82,905
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$7,278,331
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
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HouseCanary, Inc. Brokerage

2202 Michigan Ave., Los Angeles, CA 90033

Multifamily
12 Beds
28 Baths
22,124 Sq Ft
26 Days on Market

Listing Agent & Comments

ERIC CHENCB RICHARD ELLIS
909-418-2071eric.chen@cbre.com License #01489184
We are proud to present an exceptional opportunity to acquire a well-maintained, 28-unit apartment complex at 2202 Michigan Avenue. This ±22,154 SF building sits on a ±22,386 SF lot and is situated between N Chicago Street and N Soto Street on Michigan Avenue. This vibrant location positions your investment at the heart of it all. Residents enjoy convenient access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, and much more. Major freeways (10, 5, 60, and 101) are minutes away, along with a vibrant mix of shopping centers, restaurants, museums, and retailers. The property also sits one-block away from highly amenitized retail corridors on Ceasar Chavez Boulevard and Soto Street. This prime location isn’t just about convenience; it’s about capitalizing on a booming market. Los Angeles, the entertainment capital, experiences high demand for quality rentals. The property sits amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers. 2202 Michigan Avenue offers the perfect blend of value and income potential. This well-maintained property features desirable amenities like lush landscaping, controlled entry gate, on-site parking, laundry facilities, pet-friendly dog run, and BBQ communal area. Individual units boast security doors, kitchens with dishwashers and stainless steel appliances, air conditioning, ceiling fans, and vertical blinds. With low vacancy rates and consistent rental income, 2202 Michigan Avenue is a secure long-term investment ideal for any investor seeking a strong return. This opportunity caters to a wide range – first-time purchasers, seasoned investors, and those seeking a 1031 exchange – providing a win-win scenario.

MLS# CV24219877 • Data provided by CRMLS
Additional home details
Living Area22,124 Sq.Ft.
Lot Size0.5 Acres
Total Rooms--
Bedrooms12
Bathrooms28
Stories2
Year Built1985
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$82,905
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $7,650,000
Request tour
Save
Courtesy of CB RICHARD ELLIS
2202 Michigan Ave
Los Angeles, CA 90033
12 Beds
28 Baths
22,124 Sq Ft
26 Days on Market

Listing Agent & Comments

ERIC CHENCB RICHARD ELLIS
909-418-2071eric.chen@cbre.com License #01489184
We are proud to present an exceptional opportunity to acquire a well-maintained, 28-unit apartment complex at 2202 Michigan Avenue. This ±22,154 SF building sits on a ±22,386 SF lot and is situated between N Chicago Street and N Soto Street on Michigan Avenue. This vibrant location positions your investment at the heart of it all. Residents enjoy convenient access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, and much more. Major freeways (10, 5, 60, and 101) are minutes away, along with a vibrant mix of shopping centers, restaurants, museums, and retailers. The property also sits one-block away from highly amenitized retail corridors on Ceasar Chavez Boulevard and Soto Street. This prime location isn’t just about convenience; it’s about capitalizing on a booming market. Los Angeles, the entertainment capital, experiences high demand for quality rentals. The property sits amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers. 2202 Michigan Avenue offers the perfect blend of value and income potential. This well-maintained property features desirable amenities like lush landscaping, controlled entry gate, on-site parking, laundry facilities, pet-friendly dog run, and BBQ communal area. Individual units boast security doors, kitchens with dishwashers and stainless steel appliances, air conditioning, ceiling fans, and vertical blinds. With low vacancy rates and consistent rental income, 2202 Michigan Avenue is a secure long-term investment ideal for any investor seeking a strong return. This opportunity caters to a wide range – first-time purchasers, seasoned investors, and those seeking a 1031 exchange – providing a win-win scenario.

MLS# CV24219877 • Data provided by CRMLS
Additional home details
Living Area22,124 Sq.Ft.
Lot Size0.5 Acres
Total Rooms--
Bedrooms12
Bathrooms28
Stories2
Year Built1985
Property TypeMultifamily
ZoningLARD1.5
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$82,905
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$7,278,331
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $7,650,000
Request tour
Save
Courtesy of CB RICHARD ELLIS