Los Angeles
2221 Michigan Avenue
Los Angeles, California, 90033 United States

Sotheby's International Realty - Los Feliz Brokerage
Listing image

2221 Michigan Avenue

We are pleased to offer for sale this thirty-two (32) unit multifamily investment offering, located in the City of Los Angeles. This two-story building was constructed of wood frame and stucco on a raised foundation built in 1926 with a square footage of 9,229 on a 6,055-square foot lot. Meticulously landscaped and recently renovated, the subject property represents a very desirable asset in the supply-constrained Boyle Heights sub-market. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of twenty-four (24) bachelor units, six (6) studio units, and two (2) 1+1 units. The investment is subject to the City of Los Angeles rent control regulation.

Listing Courtesy of BRC Advisors

Amenities & Features

  • Listing Details
    • Property ID
      17293336
    • MLS#
      17293336
    • Property type
      Residential Income
    • Courtesy Of
      Listing Courtesy of BRC Advisors
    • Status
      Contract Pending
    • Listing Price
      $3,600,000
    • Subdivision
      Not Applicable-BOYH
    • County
      Los Angeles County
    • School District
      Los Angeles Unified
  • Utilities & Building
    • Year Built
      1926
    • Lot Size Unit
      Acre(s)
    • Lot Size
      0.14
  • Interior
    • Full Bathrooms
      32
    • Bedrooms
      32