Multiple Listing Service Los Angeles Real Estate

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2014 MICHIGAN AVE, LOS ANGELES, CA. 90033

Listing Price: $1,049,000 Sold Price: $1,049,000
Beds: 7 | Baths: 5

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Details

MLS#: 19-518464

APN#: 5183-007-026

Status: Sold

Lot Size: 7412

Sq Ft: 3643

Beds: 7

Baths: 5

Style: N/A

Year Built: N/A

Subdivision:

Roof: N/A

Spa: N/A

Tennis: N/A

Laundry: N/A

Heat: Other

Air: Other

Property Type: Income

Sale Type: Standard

Land Type: N/A

Lease Amount: N/A

Lease Exp: N/A

HOD: N/A

Area: Boyle Heights

City: LOS ANGELES

Zip code: 90033

Map: N/A

View: N/A

Waterfront: N/A

Sewer: N/A

Parking # 4

Security: N/A

Amenities: N/A

Pool:

Floor: N/A

Rooms: N/A

Fireplace: N/A

Parking: Other
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Remarks Community Report

Gentrifying location in arguably the best part of Boyle Heights, Excellent Unit Mix, Laundry Onsite, Parking Onsite. Ideal for Investment - 5.5% Cap Rate! 7.2% Proforma Cap Rate! 10.2% cash on cash return with an I/O loan at 3.5% interest rate. Also ideal for Owner-User - the 3 br/2 bath unit can be delivered vacant! Eligible for 30-year fixed FHA financing!, **2 of the units built ~2012 not subject to rent increase limitations. Minimal Expense Property!

Seller's Agents

- Name: Ishal, Ardy | Email
- Phone: 310-525-3703
- Cell: 310-433-2739
- CalDRE #: 01769601
- Office: BRC Advisors- BH
- Office Phone: N/A
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- CalDRE #: N/A
- Office Name: N/A
- Office Phone: N/A

Buyer's Agents

- Name: Clark, Elizabeth | Email
- Phone: 310-740-7283
- Cell: 310-740-7283
- Lic #: 01811246
- Office: Compass
- Office Phone: 310-272-8002
- Name: N/A, N/A
- Phone: N/A
- Cell: N/A
- Lic #: N/A
- Office Name: N/A
- Office Phone: N/A

Last Updated: 3/10/2020 3:56:45 PM

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