Search
2014 Michigan Ave, Los Angeles, CA 90033
Image 2 for 2014 Michigan Ave, Los Angeles, CA 90033
Image 3 for 2014 Michigan Ave, Los Angeles, CA 90033
View Photos

2014 Michigan Ave Los Angeles, CA 90033

$2,050
  • 1 Beds
  • 1 Baths
  • 504 Sq.Ft.
For Lease
$2,050 Get Pre-Qualified
Map preview of 2014 Michigan Ave, Los Angeles, CA 90033

Property Overview: 2014 Michigan Ave Los Angeles, CA has 1 bedrooms, 1 bathrooms, 504 living square feet and 7,415 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Beautiful 1bedroom 1 bathroom recently remodeled with stainless steel appliances. Onsite coin operated laundry machines. Centrally located in Boyle Heights near freeways, 5 minutes away from mariachi plaza, 10 minutes away from Downtown.

Listed by Alex Sanchez | BRE #01734841 | Realty ONE Group United
Last checked: 12 minutes ago | Last updated: May 10th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
7,415
HOA Dues
$0/mo
Year built
1890
Garage
1 Car
Property Type:
Apartment
Status
Active
MLS#
SB24094337
City
Los Angeles
County
Los Angeles
Time on Site
7 days

Open Houses for 2014 Michigan Ave

No upcoming open houses

Schedule Tour

Property Details for 2014 Michigan Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: In Kitchen
  • Living Room
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Carport
  • No Attached Garage
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 4
  • Parcel Number: 5183007026
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: S of E Cesar Chavez Avenue, West of N St. Louis
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2014 Michigan Ave

Last sold for $1,190,000 on March 26th, 2024

  • May, 2024

  • May 9, 2024

    Date

    Active

    CRMLS: SB24094337

    $2,050

    Price

  • March, 2024

  • Mar 26, 2024

    Date

    Sold

    CRMLS: 24349317

    $1,190,000

    Price

  • Jan 25, 2024

    Date

    Active

    CRMLS: 24349317

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Terrific four-plex, located in a desirable area of Boyle Heights. Walk to all the restaurants and shops on Cesar Chavez Avenue. Impressive unit variety with two 3 bedroom units, 1- one bedroom, and one single. Onsite laundry, and convenient onsite parking. Perfect for investment with a 5% Cap Rate, low expenses, high rental demand area, and two units built in 2012. 2.6 miles to Downtown LA, 1.4 Miles to the Arts District. Revenues at $7872.88/mth starting February 1, 2024, NOI = $4,972.88. 100% tenant occupied- do not disturb occupants or walk on the property without permission. Units will be shown with an accepted offer, drive-by only. Agents read private comments.

  • April, 2022

  • Apr 7, 2022

    Date

    Hold

    CRMLS: DW22047780

    $1,175,000

    Price

  • Apr 5, 2022

    Date

    Price Change

    CRMLS: DW22047780

    $1,175,000

    Price

  • Listing provided courtesy of CRMLS

    Price Reduction!! CASH FLOW!!! $82,800 Gross Rents, ($59,916 NOI) and 5% CAP in Boyle Heights!! HIGH RENTAL DEMAND AREA that is GENTRIFYING!! Four units: (1) studio, (1) 1 Bed/1 Bath, (1) 3 Bed/1 Bath, (1) 3 Bed/2 Bath. GREAT TENANTS: CURRENT ON RENTS. Property is minutes from DTLA, the trendy Arts District, USC Medical Center, White Memorial Hospital, CSULA and local eateries and shopping. Close to multiple freeways and Metro. Walk Score is 94 (WALKERS PARADISE) & Transit Score is 76 (EXCELLENT TRANSIT) This is a great investment ready for the right Buyer

  • March, 2020

  • Mar 10, 2020

    Date

    Sold

    CRMLS: 19518464

    $1,049,000

    Price

  • Dec 12, 2019

    Date

    Pending

    CRMLS: 19518464

    $1,049,000

    Price

  • Nov 26, 2019

    Date

    Active Under Contract

    CRMLS: 19518464

    $1,049,000

    Price

  • Oct 7, 2019

    Date

    Active

    CRMLS: 19518464

    $1,049,000

    Price

  • Listing provided courtesy of CRMLS

    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!

  • March, 2020

  • Mar 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,049,000

    Price

  • October, 2019

  • Oct 1, 2019

    Date

    Expired

    CRMLS: 19501368

    $1,079,000

    Price

  • Sep 19, 2019

    Date

    Withdrawn

    CRMLS: 19501368

    $1,079,000

    Price

  • Aug 19, 2019

    Date

    Active

    CRMLS: 19501368

    $1,079,000

    Price

  • Listing provided courtesy of CRMLS

    Michigan Avenue offers an investor a unique opportunity to own four (4) units in a prime pocket of the heavily sought-after Boyle Heights. Two of the four units are not subject to rent control (Studio and One-Bedroom). The property is located near Highway 10 and the Metro - Mariachi Plaza/Boyle Heights Station (Gold Line), offering current and future tenants' easy access to Downtown Los Angeles, the Arts District and Highland Park. Additionally, for local amenities, 2014 Michigan Avenue is steps to the bustling nightlife of 1st Street, shops on Cesar E Chavez and Hollenbeck Park - truly the heart of the gentrifying Boyle Heights neighborhood in Los Angeles. As far as financing is concerned, we are able to provide you with fantastic terms from a well-known lender that will offer a buyer 35% Down Payment, Interest Only Payments for five (5) years, that would allow a buyer to enjoy over 5% cash on cash return on current rents.

  • August, 2019

  • Aug 12, 2019

    Date

    Canceled

    CRMLS: 19484030

    $1,100,000

    Price

  • Jul 1, 2019

    Date

    Active

    CRMLS: 19484030

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Michigan Avenue offers an investor a unique opportunity to own four (4) units in a prime pocket of the heavily sought-after Boyle Heights. Two of the four units are not subject to rent control (Studio and One-Bedroom). The property is located near Highway 10 and the Metro - Mariachi Plaza/Boyle Heights Station (Gold Line), offering current and future tenants' easy access to Downtown Los Angeles, the Arts District and Highland Park. Additionally, for local amenities, 2014 Michigan Avenue is steps to the bustling nightlife of 1st Street, shops on Cesar E Chavez and Hollenbeck Park - truly the heart of the gentrifying Boyle Heights neighborhood in Los Angeles. As far as financing is concerned, we are able to provide you with fantastic terms from a well-known lender that will offer a buyer 35% Down Payment, Interest Only Payments for five (5) years, that would allow a buyer to enjoy over 5% cash on cash return on current rents.

  • May, 2019

  • May 29, 2019

    Date

    Canceled

    CRMLS: 19461306

    $1,049,000

    Price

  • May 28, 2019

    Date

    Withdrawn

    CRMLS: 19461306

    $1,049,000

    Price

  • May 7, 2019

    Date

    Price Change

    CRMLS: 19461306

    $1,049,000

    Price

  • May 1, 2019

    Date

    Active

    CRMLS: 19461306

    $1,225,000

    Price

  • Listing provided courtesy of CRMLS

    Gentrifying location near White Memorial Medical Center, arguably best part of Boyle Heights, Excellent Unit Mix, Laundry Onsite, Parking Onsite, Ideal as Investment or Owner-User Opportunity; can get 30-year fixed FHA financing!, **2 of the units built ~2004 not subject to rent increase limitations (other 2 units built in 1890), Minimal Expense Property, Proforma GIM 11.3 and proforma cap rate 6.6%

  • April, 2016

  • Apr 12, 2016

    Date

    Price Change

    CRMLS: 16979781

    $915,000

    Price

  • Feb 8, 2016

    Date

    Price Change

    CRMLS: 16979781

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Gentrifying location near White Memorial Medical Center - Possible Future Redevelopment! Excellent Unit Mix - Laundry Onsite for additional income. Upside in rents ; Parking Onsite ; Fully Occupied; can get 30-year fixed financing! 2 Newer Units built around 2004 not subject to rent increase limitations...Buyer to verify all info, including year built and square footage.

  • March, 2013

  • Mar 14, 2013

    Date

    Sold (Public Records)

    Public Records

    $400,004

    Price

Show More

Tax History for 2014 Michigan Ave

Assessed Value (2020): $450,387
Year Land Value Improved Value Assessed Value
2020 $191,414 $258,973 $450,387

Home Value Compared to the Market

This property vs the competition

2014 Michigan Ave is currently listed for lease in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment.

About 2014 Michigan Ave

Detailed summary of property

2014 Michigan Ave is a apartment for lease located in Los Angeles, CA 90033. This apartment offers 1 bedrooms, 1 bathrooms, roughly 504 living square feet, and sits on an approximately 7,415 square foot lot. 2014 Michigan Ave was first listed on ArdentRealEstateGroup.com on May 10, 2024. The homeowner is currently asking $2,050. Local homes that are currently for sale include 500 Molino St #307, 527 Molino St #121 and 510 S Hewitt St #403. While the average home in Los Angeles, CA is selling in 94 days, 2014 Michigan Ave has a days on market of 6 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for lease at 2014 Michigan Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2014 Michigan Ave

Public county record property details
Beds
6
Baths
4
Year built
1890
Sq. Ft.
2,952
Lot Size
7,412
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
2,8
APN
5183-007-026

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$778,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
12
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Tour This Home

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2014 Michigan Ave

Nearby Homes for Sale

714 Echandia St, Los Angeles, CA 90033
$950,000
3 Beds
2 Baths
1417 Sq.Ft.
714 Echandia St
Los Angeles, CA 90033
Open Sat 2pm-4pm
2243 Terrace Heights Ave, Los Angeles, CA 90023
$799,000
2 Beds
1 Baths
1052 Sq.Ft.
2243 Terrace Heights Ave
Los Angeles, CA 90023
1029 Lord St, Los Angeles, CA 90033
$1,249,888
5 Beds
4 Baths
2539 Sq.Ft.
1029 Lord St
Los Angeles, CA 90033
701 S Soto St, Los Angeles, CA 90023
$880,000
4 Beds
2 Baths
1968 Sq.Ft.
701 S Soto St
Los Angeles, CA 90023
640 Orme Ave, Los Angeles, CA 90023
$550,000
2 Beds
1 Baths
774 Sq.Ft.
640 Orme Ave
Los Angeles, CA 90023
915 N Evergreen Ave, Los Angeles, CA 90033
$549,900
2 Beds
1 Baths
550 Sq.Ft.
915 N Evergreen Ave
Los Angeles, CA 90033
3022 Blanchard St, Los Angeles, CA 90063
$790,000
3 Beds
2 Baths
1320 Sq.Ft.
3022 Blanchard St
Los Angeles, CA 90063
215 S Santa Fe Ave #6, Los Angeles, CA 90012
$1,399,000
2 Beds
2 Baths
1778 Sq.Ft.
215 S Santa Fe Ave #6
Los Angeles, CA 90012
116 S Concord St, Los Angeles, CA 90063
$799,999
3 Beds
2 Baths
1089 Sq.Ft.
116 S Concord St
Los Angeles, CA 90063
215 S Santa Fe Ave #4, Los Angeles, CA 90012
$799,000
0 Beds
1 Baths
1217 Sq.Ft.
215 S Santa Fe Ave #4
Los Angeles, CA 90012
324 S Concord St, Los Angeles, CA 90063
$475,000
1 Beds
1 Baths
524 Sq.Ft.
324 S Concord St
Los Angeles, CA 90063
530 Molino St #117, Los Angeles, CA 90013
$929,000
0 Beds
1 Baths
1570 Sq.Ft.
530 Molino St #117
Los Angeles, CA 90013

Homes for Lease Near 2014 Michigan Ave

Nearby Homes for Lease

2202 E Cesar E Chavez Ave #4, Los Angeles, CA 90033
$2,400
1 Beds
1 Baths
1000 Sq.Ft.
2202 E Cesar E Chavez Ave #4
Los Angeles, CA 90033
362 S Boyle Ave #3, Los Angeles, CA 90033
$2,000
1 Beds
1 Baths
600 Sq.Ft.
362 S Boyle Ave #3
Los Angeles, CA 90033
1526 E 1st St #3, Los Angeles, CA 90033
$1,900
1 Beds
1 Baths
411 Sq.Ft.
1526 E 1st St #3
Los Angeles, CA 90033
571 Fairview Ave #36, Los Angeles, CA 90033
$1,995
1 Beds
1 Baths
-- Sq.Ft.
571 Fairview Ave #36
Los Angeles, CA 90033

Recently Leased Homes Near 2014 Michigan Ave

131 N Breed St #204, Los Angeles, CA 90033
$1,795 Last Leased Price
12 Beds
12 Baths
9846 Sq.Ft.
131 N Breed St #204
Los Angeles, CA 90033
118-1 N Soto St, Los Angeles, CA 90033
$1,300 Last Leased Price
1 Beds
1 Baths
750 Sq.Ft.
118-1 N Soto St
Los Angeles, CA 90033
201 S Soto St #4, Los Angeles, CA 90033
$2,600 Last Leased Price
2 Beds
1 Baths
651 Sq.Ft.
201 S Soto St #4
Los Angeles, CA 90033
362 S Boyle Ave #2, Los Angeles, CA 90033
$1,550 Last Leased Price
1 Beds
1 Baths
500 Sq.Ft.
362 S Boyle Ave #2
Los Angeles, CA 90033

Related Resources to 2014 Michigan Ave

New Listings in 90033
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call