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2014 Michigan Ave, Los Angeles, CA 90033
$1,190,000
2014 Michigan Ave, Los Angeles, CA 90033View this property at 2014 Michigan Ave, Los Angeles, CA 90033
2014 Michigan AveLos AngelesCA90033
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Property Description
Terrific four-plex, located in a desirable area of Boyle Heights. Walk to all the restaurants and shops on Cesar Chavez Avenue. Impressive unit variety with two 3 bedroom units, 1- one bedroom, and one single. Onsite laundry, and convenient onsite parking. Perfect for investment with a 5% Cap Rate, low expenses, high rental demand area, and two units built in 2012. 2.6 miles to Downtown LA, 1.4 Miles to the Arts District. Revenues at $7872.88/mth starting February 1, 2024, NOI = $4,972.88. 100% tenant occupied- do not disturb occupants or walk on the property without permission. Units will be shown with an accepted offer, drive-by only. Agents read private comments.
Full Property Details
Full Property Details for 2014 Michigan Ave
General
- Sold For: $1,190,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-349317
- Added to Site: 117 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: None
Parking
- Garage Description: Other, Carport, Driveway
Location
- Area: Boyle Heights
- County: Los Angeles
- Cross Streets: West of N St Louis
- Driving Directions: S of E Cesar Chavez Avenue, West of N St. Louis
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 4
- Architectural Style: Traditional
- Stories/Levels: 0
- Square Feet: 2,952
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1890
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1702
- Lot Size: 7415
- Lot Size Source: Vendor Enhanced
- Zoning: LARD1.5
Financial Considerations
- Price Per Sq. Ft.: $406.5
- Assessment Year: 1890
- Owner Pays: Water
- Tenant Pays: Gas, Electricity, Trash Collection
Disclosures and Reports
- Disclosures/Reports: As Is, Rent Control
- APN: 5183-007-026
Listed by Nourmand & Associates-HW, Christopher Furstenberg
Sold by Realty One Group United, Mavera Mir
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Schools
Schools serving 2014 Michigan Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1942 E 2nd St, Los Angeles, CA 90033 | K-6 | 0.3 mi | |
2510 E 6th St, Los Angeles, CA 90023 | 6-8 | 0.7 mi | |
456 S Mathews St, Los Angeles, CA 90033 | 9-12 | 0.6 mi | |
1200 Plaza Del Sol St, Los Angeles, CA 90033 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2014 Michigan Ave
Date
Details
Price
Change
Source
3/26/2024
Sold
$1,190,000
-0.83%
MLS
1/25/2024
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2014 Michigan Ave, Los Angeles, CA 90033 (MLS# 24-349317) is a Multi-Family property that was sold at $1,190,000 on March 26, 2024. Want to learn more about 2014 Michigan Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.