$750,000
SOLD SEP 9, 2025

4233 Michigan Ave Los Angeles, CA 90063

4 Beds
4 Baths
1,379 Sq Ft
3,970 Sq Ft Lot

Recently Sold

$544 Per Sq Ft

11% Below List Price

162 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Park
  • James A. Garfield Senior High School Rated A
  • Living Room Balcony
  • 3-minute walk to Eugene A. Obregón Park

About This Home

As of September 2025

**Cash-Flowing Triplex – Turnkey & Tenant-Occupied**
Imagine stepping into an investment where the heavy lifting is already done. This fully occupied **income-producing triplex** is a **set-it-and-forget-it asset**, delivering **steady cash flow** from day one. No chasing down tenants, no guesswork—just **reliable returns** backed by **strong, long-term renters** who treat the property like home.

With **separate utilities and minimal upkeep**, your expenses stay low while your profits stack up. Located in a **high-demand rental market**, this isn’t just a property—it’s a **wealth-building vehicle** positioned for long-term appreciation.

Opportunities like this don’t sit around. **Lock in your next investment before someone else does.**

Last Agent to Sell the Property

Ruben Martinez

REDFIN CORPORATION License #01946610 Listed on: 02/20/2025

REDFIN CORPORATION

Last Buyer's Agent

Andy Castaneda

Synergy Real Estate License #02212316

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,440

Year Built

  • Built in 1925

Lot Details

  • 3,970 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 1,379 Sq Ft Home
  • 2-Story Property
  • Living Room Balcony
  • Storage
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Carport
  • Parking Available
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 8 / 5
  • Tax Tract Number 5329
  • Assessor Parcel Number 5234005008
  • $4,440 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,460
  • Insurance Expense $3,821
  • Water Sewer Expense $1,531
  • Operating Expense $6,812
  • Gross Income $55,296
  • Net Operating Income $48,484

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,440

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Inclusions: Cabinets, Storage Shelves, Lighting Fixtures, Window/Door Screens, Attached Floor Coverings
  • Price Per Unit: 280000
  • Property Attached: Yes
  • Water Sewer Expenses: 1531.00
  • Zoning: LCR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1460.00
  • Parcel Number: 5234005008
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Living Room Balcony, Storage
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 543.87
  • Room Type: All Bedrooms Down, Laundry, Main Floor Bedroom

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Fair Condition
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Concrete

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3970.00
  • Lot Size Acres: 0.0911

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average Studio Area: 303 Square Feet
  • Gross Income: 55296.00
  • Gross Operating Income: 55296.00
  • Gross Scheduled Income: 55296.00
  • Insurance Expense: 3821.00
  • Lot Size Area: 3970.0000 Square Feet
  • Net Operating Income: 48484.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6812.00
  • Rent Control: Yes
  • Total Expenses: 6812.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5310.00
  • Tax Lot: 8
  • Tax Tract Number: 5329
  • TaxOtherAnnualAssessmentAmount: 4440.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2007
Sold by
Coale Melissa G
Bought by
Gonzales Silvestre and The Sg Family Trust

Purchase Details

Closed on
Feb 2, 1999
Sold by
Briseno Carlos
Bought by
The Sg Family Trust
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Sold $750,000 -10.7% $544 / Sq Ft
08/01/2025 08/01/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $840,000 -- $609 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,440 $273,401 $115,258 $158,143
2024 $4,440 $268,042 $112,999 $155,043
2023 $4,202 $262,787 $110,784 $152,003
2022 $4,028 $257,635 $108,612 $149,023
2021 $3,981 $252,584 $106,483 $146,101
2020 $4,004 $249,995 $105,392 $144,603
2019 $3,872 $245,094 $103,326 $141,768
2018 $3,785 $240,289 $101,300 $138,989
2016 $3,630 $230,960 $97,367 $133,593
2015 $3,579 $227,492 $95,905 $131,587
2014 $3,583 $223,037 $94,027 $129,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25037552

California Regional Multiple Listing Service (CRMLS)

APN: 5234-005-008