15
See all 15 photos
$7,200,000
Est. payment /mo
0.51 Acres Lot
New
2202 2208 Michigan AVE Los Angeles, CA 90033
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UPDATED:
03/11/2025 09:00 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25053738
HOA Y/N No
Year Built 1985
Lot Size 0.514 Acres
Property Sub-Type Mixed Use
Property Description
Michigan Heights Apartments is a well-maintained, 28-unit apartment complex located at 2202-2208 Michigan Avenue, in dynamc Boyle Heights, one block from highly-amenitized retail corridors on E. Cesar Chavez Avenue and Soto Street. The property is comprised of (25) two-bedroom/ one bath units and (3) studio units. Units are bright with hardwood floors throughout, stainless steel appliances, and modern kitchens and bathrooms. Appealing features include attractive landscaping, secure gated access, on-site laundry facilities, designated parking, and community BBQ areas. Approximately $500K has been invested in capital improvements including new windows, upgraded electrical systems, new roofing on half of the building, and interior renovations. Michigan Heights is well-located in one of LA's most unique and vibrant communities. Known for its deep cultural roots, Boyle Heights has received increased attention in recent years for its Michelin-recognized chefs, celebrated eateries, and a thriving artistic community. The property is centrally located just three miles from Downtown Los Angeles and offers easy access to major freeways (I-10, I-5, I-60 & 101), making it a highly desirable rental location for tenants seeking a vibrant neighborhood with exceptional convenience.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD1.5
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 20.0
Garage Description 20.0
Pool None
Community Features Sidewalks
Total Parking Spaces 20
Private Pool No
Building
Lot Description 26-30 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5183005051
Energy Description 11813.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Robert Stepp • Keller Williams - Santa Monica • 310-463-2916