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Listing Courtesy Of:
Marcus & Millichap, 424-405-3900, Jonathan Weir
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
Similar Homes
2522 Michigan Ave, Los Angeles, CA 90033
8 Beds
4 Baths
2522 Michigan Ave, Los Angeles, CA 90033
Estimation provided by Keller Williams Realty Inc.
8 Beds
4 Baths
Active
For Sale
Property Description
We are pleased to present our newest exclusive listing in Boyle Heights (Los Angeles). The property comes with RTI plans to build (2) three-bedroom, two-bathroom ADUs in the rear of the property. The ownership has renovated all the units with new flooring, kitchens, and bathrooms, and each includes an in-unit washer/dryer. Additionally, the building has new vinyl windows. The property is leased to Section 8 tenants and provides strong income for an investor. Once the ADUs are built, the property would operate at a 13.49% CAP RATE and add tremendous value to the property.
Property Details
Compare This Home
Overview
Property Type
Residential Income
Property Size
Year Built
1923
Days on Site
35 Days
HVAC
Heating: Wall
Parking
No
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$1,290,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
02/14/2025
Listed
(+22.86% )
07/24/2023
Sold
06/29/2022
Sold
(+310.96% )
06/22/2017
Sold
(+2.2% )
06/08/2017
Sold
(-43.82% )
02/11/2005
Sold
(+27.18% )
11/17/2003
Sold
(+41.66% )
10/30/2002
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+81.1% )
Land 600,000 +
Additions 450,000
2022
(+1.47% )
Land 296,998 +
Additions 268,050
2021
(+2.98% )
Land 296,998 +
Additions 268,050
2019
(+17,359,575% )
Land 293,953 +
Additions 265,302
2017
Land 285,046 +
Additions 291,058
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Walkable
Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551
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