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 · 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 | Construction Status | Under Renovation |
| Property Type | Multifamily | Building Size | 9,229 SF |
| Property Subtype | Apartment | Average Occupancy | 12% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1926/2025 |
| Lot Size | 0.14 AC |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Construction Status | Under Renovation |
| Building Size | 9,229 SF |
| Average Occupancy | 12% |
| No. Stories | 2 |
| Year Built/Renovated | 1926/2025 |
Unit Amenities
- Air Conditioning
- Microwave
- Refrigerator
Site Amenities
- Controlled Access
- Laundry Facilities
- Gated
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 | $545,259 |
| Land Assessment | $821,309 | Total Assessment | $1,366,568 |
PROPERTY TAXES
Parcel Number
5183-003-012
Land Assessment
$821,309
Improvements Assessment
$545,259
Total Assessment
$1,366,568
zoning
| Zoning Code | R4, Los Angeles |
| R4, Los Angeles |
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