2221 Michigan Ave | Los Angeles, CA 90033
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- LoopNet Team
2221 Michigan Ave
Los Angeles, CA 90033
32 Units in Boyle Heights | 2221 Michigan Ave · Multifamily Property For Sale
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32 Units
Investment Highlights
- Over 20 units vacant
- Great for Student Tenants! 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus
- Huge Value Add Component & Upside Potential
Property Facts
| No. Units | 32 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 16,000 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1926/2025 |
| Zoning | R4, Los Angeles | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 16,000 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2025 |
| Zoning | R4, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- High Speed Internet Access
- Quartz Countertops
Site Amenities
- Controlled Access
- Laundry Facilities
- Gated
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 30 | - | 265 |
| 1+1 | 2 | - | 265 |
Property Taxes
| Parcel Number | 5183-003-012 | Improvements Assessment | $1,800,000 |
| Land Assessment | $600,000 | Total Assessment | $2,400,000 |
Property Taxes
Parcel Number
5183-003-012
Land Assessment
$600,000
Improvements Assessment
$1,800,000
Total Assessment
$2,400,000
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