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
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
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, March 28th, 2024.
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
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