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Flo Bullock

Bullock Russell Real Estate Services

[email protected] +1(949) 285-6234

$ 7,200,000

Est. payment -/mo

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2202 2208 Michigan AVE Los Angeles, CA 90033

0.51 Acres Lot

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