Los Angeles CA  home offered at $1,070,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

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2316 MICHIGAN Avenue
Los Angeles, California CA 90033-2911
Sold For: $900,000
Listing ID: 22148367
Price/SqFt: $281.88
Status: Closed
Sold Date: 10/31/2022
SqFt: 3,796 Sq Ft
Acres: 0.176 Acres
Year Built: 1941

Great Investment Opportunity to own this 6 unit Multi Family apartment building located in the Boyle Heights area. All units are 1 bedroom & 1 bath and each units has inside laundry room. Each unit has it's own gas and electric meters. Property is located near by transportation, schools, stores and freeways. Property is subject to Los Angeles City Rent Control.

Primary Features

County: Los Angeles
Price Reduction Date: 2022-08-25T19:16:35+00:00
Price/SqFt: 281.88
Property Type: Residential Income
Year Built: 1941
Zoning: LAR4

Interior

Appliances: yes
Appliances: Disposal
Cooling: yes
Cooling Type: Wall/Window Unit(s)
Heating: yes
Heating Type: Wall Furnace
Interior Features: Ceiling Fan(s)
Laundry: yes
Laundry Features: Stackable, Individual Room
Stories Total: 2

External

Architectural Style: Traditional
Lot Size Area: 7654
Lot Size Source: Assessor
Lot Size Square Feet: 7654
Number Of Buildings: 3
Parking: yes
Parking Features: Garage, Parking Space
Parking Total: 6

Location

Country: US
MLS Area Major: BOYH - Boyle Heights

Additional

Association: no
Days On Market: 185
Disclosures: Trust/Conservatorship
List Agent State License: 00771301
List Office State License: 00771301
Lot Size Units: Square Feet
New Construction: no
Number Of Units Total: 6
Parcel Number: 5183005023
Senior Community: no

Financial

Gross Operating Income: 56520
Insurance Expense: 4086
Net Operating Income: 42023
New Taxes Expense: 2018
Other Expense: 492
Rent Control: yes
Special Listing Conditions: Standard
Total Expenses: 14496
Trash Expense: 3380
Water Sewer Expense: 4350

Zoning Info


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Based on information from CARETS as of Thursday, March 28th, 2024 06:53:26 AM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: JuddMatsunaga, DRE #00771301 from LA Citywide Properties, LLC 310-348-7235

Contact - Listing ID 22148367

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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