2014 Michigan Ave

Pending

2014 Michigan Ave, Los Angeles, CA 90033

$1,200,000

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.

7
beds

5
baths

2,952 Sq.Ft. LIVING AREA

7,415 Sq.Ft. lot

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Schedule a Showing

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Thank you for your interest in 2014 Michigan Ave, Los Angeles, CA 90033. We are reviewing your request and will be in touch shortly!

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Features & Amenities

Interior

total bedrooms7
Total bathrooms5
APPLIANCES Other

Area & Lot

Status Pending
Living Area2,952 Sq.Ft.
Lot Area7,415 Sq.Ft.
MLS® ID24-349317
TypeMulti-Family
YEAR BUILT1890

Exterior

parkingOther, Carport, Driveway
HEAT TYPEOther
AIR CONDITIONINGOther

Financial

Sales Price$1,200,000
Zoning LARD1.5