Search
2118 Michigan Ave, Los Angeles, CA 90033
Image 2 for 2118 Michigan Ave, Los Angeles, CA 90033
Image 3 for 2118 Michigan Ave, Los Angeles, CA 90033
View Photos

2118 Michigan Ave Los Angeles, CA 90033

$640,000 Sold Price as of 01/21/2022
  • 2 Beds
  • 3 Baths
  • 1,475 Sq.Ft.
Sold
$640,000 Sold Price as of 01/21/2022 Refinance Your Mortgage
Map preview of 2118 Michigan Ave, Los Angeles, CA 90033

Property Overview: 2118 Michigan Ave Los Angeles, CA has 2 bedrooms, 3 bathrooms, 1,475 living square feet and 4,972 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2118 Michigan Ave is a 3 unit apartment building in East Los Angeles, built in 1930, is a 1,475 square foot building with two (2) one-bedroom, one-bathroom and one (1) studio units. The building also features 5 parking stalls in the rear of the building. A one-bedroom will be delivered vacant.

Listed by John Wright | BRE #01985584 | Matthews Real Estate Investment Services
Last checked: 3 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
4,972
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21798356
City
Los Angeles
County
Los Angeles
Time on Site
931 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $812
  • Total Rent: $812
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,190
  • Total Rent: $2,380
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.96
  • Gross Scheduled Income: --
  • Net Operating Income: $18,896
  • Gross Operating Income: $37,388
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2118 Michigan Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 3
  • Parcel Number: 5183006010
Location / Neighborhood
Location Information
  • Directions: S of Cesar Chavez Ave, W of Soto St
View more facts & features

Local Los Angeles Agent

Sale History for 2118 Michigan Ave

Last sold for $640,000 on January 21st, 2022

  • January, 2022

  • Jan 21, 2022

    Date

    Sold

    CRMLS: 21798356

    $640,000

    Price

  • Oct 22, 2021

    Date

    Active

    CRMLS: 21798356

    $615,000

    Price

  • August, 1993

  • Aug 20, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2118 Michigan Ave

Assessed Value (2020): $57,533
Year Land Value Improved Value Assessed Value
2020 $27,887 $29,646 $57,533

Home Value Compared to the Market

This property vs the competition

2118 Michigan Ave sold on January 21, 2022 for 48.32% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $416.95 per/sqft which puts the price per square foot 44.77% lower than the current median sale per square foot for the city of Los Angeles.

About 2118 Michigan Ave

Detailed summary of property

2118 Michigan Ave is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 2 bedrooms, 3 bathrooms, roughly 1,475 living square feet, and sits on an approximately 4,972 square foot lot. 2118 Michigan Ave was first listed on ArdentRealEstateGroup.com on October 23, 2021. The homeowner sold the property for $640,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 48.32% lower than the current median priced home. Local homes that are currently for sale include 2719 Alta St, 1086 N Bonnie Beach Pl and 1229 S Indiana St. While the average home in Los Angeles, CA is selling in 93 days, 2118 Michigan Ave has a days on market of 21 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2118 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 2118 Michigan Ave

Public county record property details
Beds
6
Baths
3
Year built
1930
Sq. Ft.
1,475
Lot Size
4,972
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
34
APN
5183-006-010

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
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2118 Michigan Ave

Nearby Homes for Sale

114 Vicente Fernandez St, Los Angeles, CA 90033
$699,900
4 Beds
2 Baths
1500 Sq.Ft.
114 Vicente Fernandez St
Los Angeles, CA 90033
130 S Clarence St, Los Angeles, CA 90033
$729,000
6 Beds
3 Baths
1499 Sq.Ft.
130 S Clarence St
Los Angeles, CA 90033
509 Camulos St, Los Angeles, CA 90033
$750,000
6 Beds
2 Baths
1817 Sq.Ft.
509 Camulos St
Los Angeles, CA 90033
3045 E 5th St, Los Angeles, CA 90063
$749,999
3 Beds
2 Baths
1600 Sq.Ft.
3045 E 5th St
Los Angeles, CA 90063
3132 Fairmount St, Los Angeles, CA 90063
$599,000
5 Beds
16 Baths
1824 Sq.Ft.
3132 Fairmount St
Los Angeles, CA 90063
3149 Fairmount St, Los Angeles, CA 90063
$749,900
4 Beds
3 Baths
1872 Sq.Ft.
3149 Fairmount St
Los Angeles, CA 90063
1160 S Dacotah St, Los Angeles, CA 90023
$750,000
4 Beds
3 Baths
1940 Sq.Ft.
1160 S Dacotah St
Los Angeles, CA 90023
1160 S Dacotah St, Los Angeles, CA 90023
$750,000
5 Beds
3 Baths
1940 Sq.Ft.
1160 S Dacotah St
Los Angeles, CA 90023
422 N Townsend Ave, Los Angeles, CA 90063
$750,000
5 Beds
2 Baths
1827 Sq.Ft.
422 N Townsend Ave
Los Angeles, CA 90063
3448 Hunter St, Los Angeles, CA 90023
$690,000
3 Beds
2 Baths
1448 Sq.Ft.
3448 Hunter St
Los Angeles, CA 90023
3862 N Broadway, Los Angeles, CA 90031
$697,000
4 Beds
3 Baths
1764 Sq.Ft.
3862 N Broadway
Los Angeles, CA 90031
135 N Avenue 25, Los Angeles, CA 90031
$710,000
4 Beds
2 Baths
1669 Sq.Ft.
135 N Avenue 25
Los Angeles, CA 90031

Recently Sold Homes Near 2118 Michigan Ave

301 N St. Louis St, Los Angeles, CA 90033
$1,000,000 Last Sold Price
9 Beds
5 Baths
3668 Sq.Ft.
301 N St. Louis St
Los Angeles, CA 90033
219 N St Louis St, Los Angeles, CA 90033
$1,195,000 Last Sold Price
6 Beds
6 Baths
5532 Sq.Ft.
219 N St Louis St
Los Angeles, CA 90033
2014 Michigan Ave, Los Angeles, CA 90033
$1,190,000 Last Sold Price
7 Beds
5 Baths
2952 Sq.Ft.
2014 Michigan Ave
Los Angeles, CA 90033
2021 Pennsylvania Ave, Los Angeles, CA 90033
$1,500,000 Last Sold Price
80 Beds
100 Baths
5476 Sq.Ft.
2021 Pennsylvania Ave
Los Angeles, CA 90033

Related Resources to 2118 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.

Refi Quote