2605 Michigan Ave, Los Angeles, CA 90033
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2605 Michigan Ave Los Angeles, CA 90033

$779,000 Sold Price as of 01/08/2021
  • 4 Beds
  • 3 Baths
  • 2,321 Sq.Ft.
Sold
$779,000 Sold Price as of 01/08/2021 Refinance Your Mortgage

Map preview of 2605 Michigan Ave, Los Angeles, CA 90033

Property Overview: 2605 Michigan Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,321 living square feet and 9,060 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great 3 units income. There's (2) units 2 bedrooms a 1 bath, and 1 unit 1 bedroom and 1 bath. 314 Fickett St sold together with 2605,2605 1/2 Michigan.

Listed by KARINA FERNANDEZ | BRE #01278573 | COLDWELL BANKER GEORGE REALTY
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
9,060
HOA Dues
$0/mo
Year built
1924
Garage
1 Car
Property Type:
Triplex
Status
Sold
MLS#
WS20228425
City
Los Angeles
County
Los Angeles
Time on Site
1225 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,375
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $33,660
  • Net Operating Income: $7,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,600
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,000
  • Trash: $880
  • Insurance: $980
  • Water/Sewer: $0

Property Details for 2605 Michigan Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Den, Dining Room, Kitchen, Electric
Room Information
  • Flooring: Wood
  • Attic, Kitchen, Laundry
Kitchen Information
  • Has Appliances
  • Gas & Electric Range
Interior Features
  • Balcony, Cathedral Ceiling(s), Copper Plumbing Full, Granite Counters, High Ceilings
  • Levels: One
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
Lot Information
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5180009019
  • Year Built Source: Appraiser
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: None
  • Utilities: Natural Gas Available
Location / Neighborhood
Location Information
  • Directions: Soto, Cesar Chavez
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 2605 Michigan Ave

Last sold for $779,000 on January 8th, 2021
  • January, 2021

  • Jan 13, 2021

    Date

    Sold

    CRMLS: WS20228425

    $779,000

    Price

  • Nov 11, 2020

    Date

    Pending

    CRMLS: WS20228425

    $779,000

    Price

  • Nov 9, 2020

    Date

    Active

    CRMLS: WS20228425

    $779,000

    Price

  • January, 2021

  • Jan 8, 2021

    Date

    Sold (Public Records)

    Public Records

    $779,000

    Price

  • April, 2003

  • Apr 2, 2003

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

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Tax History for 2605 Michigan Ave

Assessed Value (2020): $410,519
Year Land Value Improved Value Assessed Value
2020 $268,827 $141,692 $410,519

Home Value Compared to the Market

This property vs the competition

2605 Michigan Ave sold on January 8, 2021 for 34.54% 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 $335.63 per/sqft which puts the price per square foot 55.55% lower than the current median sale per square foot for the city of Los Angeles.

About 2605 Michigan Ave

Detailed summary of property

2605 Michigan Ave is a triplex that recently sold in Los Angeles, CA 90033. This triplex offered 4 bedrooms, 3 bathrooms, roughly 2,321 living square feet, and sits on an approximately 9,060 square foot lot. 2605 Michigan Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $779,000. 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 34.54% lower than the current median priced home. Local homes that are currently for sale include 3149 Fairmount St, 673 N Boyle Ave and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 93 days, 2605 Michigan Ave has a days on market of 2 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 2605 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 2605 Michigan Ave

Public county record property details
Beds
5
Baths
3
Year built
1924
Sq. Ft.
2,321
Lot Size
9,060
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,17
APN
5180-009-019

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%)

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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.