2221 Michigan Avenue, Los Angeles Property Listing: MLS® #SR25185844

32-unit property with 8 apartments and 24 singles. All units have their own bathrooms and kitchens. This would be a perfect opportunity for a master lease option or purchase by a program to house their own clients. All units are to be delivered fully renovated and housing ready. A full renovation is underway which includes complete plumbing re-pipe, electrical re-wire with all brand new equipment and separate metering, mini split HVAC systems, and all new finishes. Finishes are being installed now. There is a basement laundry room and manager's unit. Start from a fresh slate and make this building your own!

2221 Michigan Avenue, Los Angeles Property Listing: MLS® #SR25185844 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: SR25185844
  • 2221 Michigan Avenue
  • Los Angeles, CA 90033
  • $5,290,000
  • 1 Bed, 4 Bath, 0.14 Acres
  • Office: Altman Apartments Llc

32-unit property with 8 apartments and 24 singles. All units have their own bathrooms and kitchens. This would be a perfect opportunity for a master lease option or purchase by a program to house their own clients. All units are to be delivered fully renovated and housing ready. A full renovation is underway which includes complete plumbing re-pipe, electrical re-wire with all brand new equipment and separate metering, mini split HVAC systems, and all new finishes. Finishes are being installed now. There is a basement laundry room and manager's unit. Start from a fresh slate and make this building your own!

Supplemental Remarks

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Essential Information

  • MLS® #SR25185844
  • Listing Price$5,290,000
  • Date ListedAugust 18th, 2025
  • Bedrooms1
  • Bathrooms4.00
  • Acres0.14
  • Lot Sq.Ft.6,181
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$1,223
  • Total Monthly Dues$101

Community Information

  • Address2221 Michigan Avenue
  • AreaLOS ANGELES (90033)
  • SubdivisionBoyle Heights
  • CityLos Angeles
  • CountyLos Angeles
  • StateCA
  • Zip Code90033

Amenities

  • PoolN/K

Interior

  • FireplaceYes
  • Stories2 Story

Exterior

  • Lot DescriptionSidewalks
  • ConstructionStucco
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Listing information last updated on October 21st, 2025 at 10:56pm PDT.