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2202-2208 Michigan Ave
Los Angeles, CA 90033 Boyle Heights

$7,400,000 USD

Apartments For Sale • 22,154 SF

Property Details

Property Type Apartments
Total Building Size 22,154 SF
Lot Size 0.51 AC
Building Class C
Year Built 1985
Zoning LARD1.5

90 Transit Score

80 Walk Score

                
                    Highlights
                
                                Highest Cash Flowing, Post 1980 Apartment Building Available in LA - Offered at 9.99 GRM on Currents
                            
                                Built in 1985 - Not Subject to LA Rent Control or Soft-Story Seismic Requirements
                            
                                $500K Spent on Capital Improvements Inc. Unit Renovations, Landscaping & Common Areas
                            
                                Attractive Unit Mix - 86% Two-Bedroom Units
                            
                                Strong ADU Potential with Garage Conversions
                            
                                Dynamic Up-and-Coming Boyle Heights Location, One Block from Retail Corridor

Amenities

24 Hour Access
Laundry Facilities
Gated
Grill
Kitchen
Hardwood Floors
Refrigerator
Stainless Steel Appliances
Tub/Shower
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains)	3 min	-	1.7 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak)	4 min	-	2.1 mi
Transit/Subway	Drive	Walk	Distance
Soto (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	0 min	5 min	0.3 mi
Mariachi Plaza (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	11 min	0.6 mi
Pico-Aliso (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Bob Hope	24 min	-	17.1 mi
Los Angeles International	29 min	-	18.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Covered
Included in Rent:	Yes

Robert Stepp 310-463-2916 Stepp Commercial - KWPE

2202-2208 Michigan Ave Los Angeles, CA 90033 Boyle Heights