3
See all 3 photos
$640,000
Est. payment /mo
2 Beds
1 Bath
5,596 Sqft Lot
New
2128 Michigan Los Angeles, CA 90033
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID MB26216940
Bedrooms 2
Lot Size 5,596 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Great investment opportunity with this duplex offering flexibility for both investors and owner-occupants! Each unit is a roomy 2 bedroom and 1 bath. The front unit is in good condition and will be delivered vacant at the close of escrow, providing the new owner the opportunity to move in and update to their taste, or lease at current market rent. The rear unit is tenant-occupied and will be delivered with the existing tenant in place. The unit is in need of repairs and updating, offering and excellent value-add opportunity for investors looking to improve the property over time. With two separate units both with brand new roofs and plenty of potential, the opportunity is ideal for a buyer looking to build equity, generate rental income or create a long term investment.The property is being sold in its as is present condition, tenancy and all other aspects of the property.
Location
State CA
County Los Angeles
Zoning Assessor
Direction 1st Street and N Chicago Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5183006007
Acceptable Financing Cash
Listing Terms Cash
Listed by SUZIE HERRERA, DRE#01376091 CORNERSTONE REALTY GROUP
NEARBY SCHOOL & BUSINESS
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