NOT LISTED FOR SALE

2225 Michigan Ave Los Angeles, CA 90033

1 Bed
1 Bath
7,380 Sq Ft
6,395 Sq Ft Lot

Last Sold January 08, 2015

Last sale price $752,835 $102 Per Sq Ft

31 Days on Market

About This Home

As of January 2015

Eight units in Boyle Heights. Large units with upside potential. Individually metered for gas and electricity. Close to Gold Line Station, downtown Los Angeles, shops and restaurants.

Last Agent to Sell the Property

Michael Salerno

Michael Anthony Salerno License #01212427 Listed on: 10/14/2014

Michael Anthony Salerno

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,395

Interior Spaces

  • 7,380 Sq Ft Home
  • 2-Story Property

Additional Features

  • 6,395 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5183-003-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7380
  • Manager Expense: 1020.00
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 101.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Utilities

  • Heating: Wall
  • Water Expense: 4044.00

Fee Information

  • Gas Expense: 840.00
  • Insurance Expense: 2577.00
  • Maintenance Expense: 6100.00
  • Other Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 248107
  • Assessed Land Value: 165402
  • Assessor Parcel Number: 5183-003-011
  • Geocode Override: No
  • Lot Size Area: 6395

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.21
  • Number Of Units: 8
  • Total Annual Expense: 24581
  • Type Of Units: Apartments
  • Vacancy Rate: $3,610

Tax Info

  • Tax Expense: 9000.00

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $752,835 +0.4% $102 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $750,000 -- $102 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Michael Salerno

    Seller's Agent in 2015

    Michael Salerno

    Michael Anthony Salerno

    (310) 202-9166

    32 Total Sales

    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 14-802649

The MLS

California Los Angeles County Los Angeles 90033

2225 Michigan Ave, Los Angeles, CA

This home is located at 2225 Michigan Ave, Los Angeles, CA 90033 since 14 October 2014. This property was built in 1926. 2225 Michigan Ave is a home located in Los Angeles County with nearby schools including Sheridan Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt High School.

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