2221 Michigan AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25185844
Construction Status Updated/Remodeled,Under Construction
HOA Y/N No
Year Built 1926
Lot Size 6,181 Sqft
Property Sub-Type Apartment
Property Description
32-unit property with 8 apartments and 24 singles. All units have their own bathrooms and kitchens. This would be a perfect opportunity for a master lease option or purchase by a program to house their own clients. All units are to be delivered fully renovated and housing ready. A full renovation is underway which includes complete plumbing re-pipe, electrical re-wire with all brand new equipment and separate metering, mini split HVAC systems, and all new finishes. Finishes are being installed now. There is a basement laundry room and manager's unit. Start from a fresh slate and make this building your own!
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR4
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features None
Pool None
Community Features Street Lights,Sidewalks,Urban
Private Pool No
Building
Lot Description Near Public Transit,Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,Under Construction
Others
Senior Community No
Tax ID 5183003012
Security Features Closed Circuit Camera(s)
Energy Description 5357.0
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard
Lease Land No