Eric Chen
This listing was posted on RealtyWW.
$7,650,000
Michigan Ave, Los Angeles, Home For Sale
Price:
$7,650,000
BR/BA:
10+ BA
Location:
2202 Michigan Ave, Los Angeles, CA
Description:
We are proud to present an exceptional opportunity to acquire a well-maintained, 28-unit apartment complex at 2202 Michigan Avenue. This 22, 154 SF building sits on a 22, 386 SF lot and is situated between N Chicago Street and N Soto Street on Michigan Avenue. This vibrant location positions your investment at the heart of it all. Residents enjoy convenient access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, and much more. Major freeways (10, 5, 60, and 101) are minutes away, along with a vibrant mix of shopping centers, restaurants, museums, and retailers. The property also sits one-block away from highly amenitized retail corridors on Ceasar Chavez Boulevard and Soto Street. This prime location isnt just about convenience; its about capitalizing on a booming market. Los Angeles, the entertainment capital, experiences high demand for quality rentals. The property sits amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers. 2202 Michigan Avenue offers the perfect blend of value and income potential. This well-maintained property features desirable amenities like lush landscaping, controlled entry gate, on-site parking, laundry facilities, pet-friendly dog run, and BBQ communal area. Individual units boast security doors, kitchens with dishwashers and stainless steel appliances, air conditioning, ceiling fans, and vertical blinds. With low vacancy rates and consistent rental income, 2202 Michigan Avenue is a secure long-term investment ideal for any investor seeking a strong return. This opportunity caters to a wide range first-time purchasers, seasoned investors, and those seeking a 1031 exchange providing a win-win scenario.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i77230488
Property Type:
Single-Family Houses
Sq feet:
154 sq. ft.
Amenities:
AC, Dishwasher
Posted:
October 25 on RealtyWW
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More About this Listing: Michigan Ave, Los Angeles, Home For Sale
Michigan Ave, Los Angeles, Home For Sale is a 10 Bathroom, 10+ BA, 28 Bathroom Single-Family Homes for Sale at 2202 Michigan Ave in Los Angeles CA. Find other listings like Michigan Ave, Los Angeles, Home For Sale and listings near 2202 Michigan Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 28 Bathroom Single-Family Homes for Sale in Los Angeles CA.
Michigan Ave, Los Angeles, Home For Sale is a 10 Bathroom, 10+ BA, 28 Bathroom Single-Family Homes for Sale at 2202 Michigan Ave in Los Angeles CA. Find other listings like Michigan Ave, Los Angeles, Home For Sale and listings near 2202 Michigan Ave by searching Oodle Classifieds for 10 Bathroom, 10+ BA, 28 Bathroom Single-Family Homes for Sale in Los Angeles CA.