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Listed by Robert Stepp • Keller Williams - Santa Monica
$7,200,000
Est. payment /mo
0.51 Acres Lot
Active
2202 2208 Michigan AVE Los Angeles, CA 90033
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW25053738
Originating Board California Regional MLS
Year Built 1985
Lot Size 0.514 Acres
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
Interior
Laundry Laundry Area
Exterior
Garage Spaces 20.0
Pool None
Building
Water District - Public
Others
Tax ID 5183005051
Special Listing Condition Not Applicable
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