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4011 Michigan Avenue
Los Angeles, CA 90063
Sold
4011 Michigan Avenue
Los Angeles, CA 90063
Sold
4011 Michigan Ave is a value-add duplex in the unincorporated area of Boyle Heights. Constructed in 1925 and sitting on a 5,255 Sq Ft Lot Zoned LCR2. Property consists of (1) 3 bed / 1 Bath and (1) 1 Bed units totalling 1,463 SF. This investment has a tremendous amount of potential and upside with a 9.13 Market GRM & a 7.94% Market CAP. There is ample parking space inside the property with a nice backyard view overlooking City Terrace. Both units are separately metered for gas and electricity. The one bedroom unit is currently a few months behind. With some vision and renovation efforts, there is tremendous potential to increase the property's value significantly. Whether you're looking to modernize the interiors or enhance curb appeal, the possibilities are endless. Property will be sold as is.
PROPERTY INFORMATION
| MLS # | SB23220585 | Lot Size | 5,255 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 600,000
Price Per SqFt: $ 410 |
DOM | 544 Days |
| Address | 4011 Michigan Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,463 Sq. Ft. |
| Postal Code | 90063 | Garage | N/A |
| County | Los Angeles | Year Built | 1925 |
| Bed / Bath | 5 / 0 | Parking | N/A |
| Built In | 1925 | Status | Closed |
| Sold Date | 2024-01-30 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | No |
| Kitchen Appliances | None |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | Kitchen |
| Has Cooling | No |
| Cooling Information | None |
| EntryLocation | 1 |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Roof | None |
| Has Pool | No |
| Pool | None |
| Has Fence | No |
| Fencing | None |
WALKSCORE
Walk Score: 79 (Very Walkable)
Transit Score: 61 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $640
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/30/2024 | Sold | $510,000 |
| 01/29/2024 | Pending | $600,000 |
| 12/04/2023 | Listed | $600,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Evelyn Baez Gonzalez, Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
