4344 Michigan Avenue Los Angeles, CA ^$ 729,000

4344 Michigan Avenue

^$ 729,000

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4344 Michigan Avenue

Los Angeles, CA, 90022

^$ 729,000

Bedrooms5 Baths2.0 Sq 2,037

Monthly Estimate*

^$ 5,092

Listed by Sharpstone Realty

4344 Michigan Avenue, Los Angeles, CA 90022 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $729,000 with 5 bedrooms and 2 full baths. This 2,037 square foot home was built in 1949 on a lot size of 0.1581.

Two units, great investment opportunity with a lot of potential. The front unit has 3 beds 1 bath, back unit 2 beds, I bath. Live in one unit and rent the other. The property is located near The Metro Line, with quick access to the 710 and 60 Freeways, really close LA Downtown, East Los Angeles Community College and Cal State LA, schools, parks and transportation. Do not miss the opportunity, be the proud owner of this property call us today!

Multi-Family Active

Price

^$ 729,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Duplex

Lot Size

0.1581

Year Built

1949

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW23208101

Days on Market

187

Features

General

Sewer PublicSewer

Heating ENERGYSTARQualifiedEquipment

Zoning LCR2YY

Garage Spaces 0.0

Pool Features Private

Year Built 1949

Stories 1

Levels One

Property SubType Duplex

Gross Income 23400.0

Community Features Curbs

County Los Angeles

Net Operating Income 19000.0

Operating Expense 4400.0

Insurance Expense 1500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions ProbateListing

Status ActiveUnderContract

Directions East of Eastern North of 1st Street South of Cesar E Chavez West of 710 Fwy.

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area C34 - Los Angeles Southwest

Lot Size Square Feet 6887.0

Private Pool Y

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 2

Street Name Michigan

Listing Terms CashtoNewLoan Conventional

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 700.0

Water Sewer Expense 1200.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 123

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 16

Total Actual Rent 1950.0

Property Sub Type Additional Duplex

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 0.0

Lot Size Area 6887.0

Number of Buildings 2

Spa N

Building Area Total 2037.0

Lot Size Acres 0.1581

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features Inside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 4344

* Excluded Features

List By

Sharpstone Realty

Broker

(562) 217-7646

Phone

Affordability Calculator

$5,092

Per Month

Monthly Principal & Interest: $5,092
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 172%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/10/2023	$729,000		Listed Price

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4344 Michigan Avenue, Los Angeles, CA, 90022 is a Multi-Family Home for sale at $729,000 with 2,037 sqft and a lot size of 0.1581. 4344 Michigan Avenue has 5 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 90022 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. 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.

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4344 Michigan Avenue

Multi-Family Home for sale in Los Angeles, CA

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