2522 Michigan Ave
Los Angeles, CA 90033
6 Beds4 Baths3,732 Sq Ft4 Days on Market
For Sale $1,490,000
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Courtesy of BRC Advisors- BH
Listing Agent & Comments
Perfect starter fourplex in the hot Boyle Heights submarket of LA! Actual 6.4% Cap with upside to 12.89%!! The unit mix consists of two 2+1 units and two 1+1 (with den) units. The investment consists of approximately 3,732 of rentable square feet and is situated on an approximately 5,464 square foot parcel. All units have been completely remodeled and are rented to 100% section 8 tenants. The owner also has approved RTI plans to build 2 new construction 3+2 ADUs (approx 800 sq ft each) in the back of the property. Each unit includes an in-unit washer & dryer and all of the units have been renovated. The property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance.
MLS# 24440061 • Data provided by CRMLS
Living Area | 3,732 Sq.Ft. |
---|---|
Lot Size | 5,462 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 6 |
Bathrooms | 4 |
Stories | 2 |
Year Built | 1923 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $13,141 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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More Information On This Home
This home's estimated value
$1,475,215
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:
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HouseCanary, Inc. Brokerage
2522 Michigan Ave., Los Angeles, CA 90033
Multi Family6 Beds4 Baths3,732 Sq Ft4 Days on Market
Listing Agent & Comments
Perfect starter fourplex in the hot Boyle Heights submarket of LA! Actual 6.4% Cap with upside to 12.89%!! The unit mix consists of two 2+1 units and two 1+1 (with den) units. The investment consists of approximately 3,732 of rentable square feet and is situated on an approximately 5,464 square foot parcel. All units have been completely remodeled and are rented to 100% section 8 tenants. The owner also has approved RTI plans to build 2 new construction 3+2 ADUs (approx 800 sq ft each) in the back of the property. Each unit includes an in-unit washer & dryer and all of the units have been renovated. The property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance.
MLS# 24440061 • Data provided by CRMLS
Living Area | 3,732 Sq.Ft. |
---|---|
Lot Size | 5,462 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 6 |
Bathrooms | 4 |
Stories | 2 |
Year Built | 1923 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $13,141 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,490,000
Request tour
Save
Courtesy of BRC Advisors- BH
2522 Michigan Ave
Los Angeles, CA 90033
6 Beds4 Baths3,732 Sq Ft4 Days on Market
Listing Agent & Comments
Perfect starter fourplex in the hot Boyle Heights submarket of LA! Actual 6.4% Cap with upside to 12.89%!! The unit mix consists of two 2+1 units and two 1+1 (with den) units. The investment consists of approximately 3,732 of rentable square feet and is situated on an approximately 5,464 square foot parcel. All units have been completely remodeled and are rented to 100% section 8 tenants. The owner also has approved RTI plans to build 2 new construction 3+2 ADUs (approx 800 sq ft each) in the back of the property. Each unit includes an in-unit washer & dryer and all of the units have been renovated. The property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance.
MLS# 24440061 • Data provided by CRMLS
Living Area | 3,732 Sq.Ft. |
---|---|
Lot Size | 5,462 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 6 |
Bathrooms | 4 |
Stories | 2 |
Year Built | 1923 |
Property Type | Multi Family |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2023 |
Tax Amount | $13,141 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,475,215
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
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,490,000
Request tour
Save
Courtesy of BRC Advisors- BH