Seller represented by:
Brian Kim with RE/MAX Diamond

Buyer represented by:
Brian Kim with RE/MAX Diamond

2610 2614 Michigan Ave Los Angeles, CA 90033
  • Sold
  • Multi Family · 13 Units

2610 2614 Michigan Ave Los Angeles, CA 90033 Get directions

$2,600,000 $284/Sq. ft.
9,165 Sq. ft. 10,925 Sq. ft. Lot
  • Age 59 Years
  • MLS# PW20133431
  • Listed 3 Months 10 Days Ago

Overview

Well Maintained 13 Units Investment Property In The Heart Of Boyle Heights Near Downtown LA, 2 Parcels of 6U (2610) & 7U (2614), 1=2+1.5, 4=2+1, 8=1+1, Earthquake Retrofit Construction Completed in 2018, 8 Car Attached Garage with Remote Control plus 2 Carport Space, Highly Desirable Rental Area, Easy Access to Major Freeway.

  • Seller represented by:
  • REALTOR ® Brian Kim with RE/MAX Diamond
  • Buyer represented by:
  • REALTOR ® Brian Kim with RE/MAX Diamond

Features

Appliances

  • Laundry Features: Common Area

Heating and Cooling

  • Cooling Features: Wall/Window Unit(s)
  • Heating Features: Wall Furnace
  • Heating: Yes

Garage and Parking

  • Carport Spaces: 2
  • Garage Spaces: 8
  • Parking Features: Parking YN: Y, Parking Features: Carport, Garage Faces Rear
  • Parking Total: 10

Land Info

  • Lot Description: Lot 10000-19999 Sqft
  • Lot Size Acres: 0.2508
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 10923

Manufactured and Mobile Info

  • Monthly Parking Fee: 6300

Multi-Unit Info

  • Number of Units: 13

Homeowners Association

  • Maintenance Expense: 2000.00

Rental Info

  • Tenant Pays: Electricity, Gas
  • Rent Control: Yes

Amenities and Community Features

  • Community Features: Street Lights

Other Property Info

  • Source Listing Status: Closed
  • County: Los Angeles
  • Cap Rate: 4.80
  • Other Expense: 1000.00
  • Source Property Type: Multi-Family
  • Insurance Expense: 5000.00
  • Area: BOYH - Boyle Heights
  • Source Neighborhood: BOYH - Boyle Heights
  • Parcel Number: 5180010034
  • Postal Code Plus 4: 3529
  • Zoning: LARD1.5
  • Source System Name: C2C

Commercial Info

  • Net Operating Income: 129328.00

Building and Construction

  • Total Square Feet Living: 9165.00
  • Year Built: 1961
  • Building Features: 2
  • Common Walls: 2+ Common Walls
  • Property Age: 59
  • Property Attached: Yes
  • Levels or Stories: Two
  • Building Total Stories: 2
  • Year Built Source: Assessor

Utilities

  • Electric Expense: 1200.00
  • Sewer: Sewer: Public Sewer, Water Sewer Expense: 7400.00
  • Water Source: Public

Nearby Schools

We're sorry we have no data related to schools for this listing.

Neighborhood

Property History for 2610 2614 Michigan Ave

Property Price

Date Event Price Price / Sq ft Source
2020-09-23 Sold - - CRMLS
2020-07-09 Listed $2,700,000 $294 CRMLS

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.