$1,700,000
FOR SALEActive2600 Michigan Avenue
Los Angeles CA 90033
4,380
SF
Commercial
Type
1922
Built
$388/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
Five occupied units. Very walkable area: minutes to shops, dining, & metro station. 4 of 5 units were totally rehabbed in 2020 (5th is Section 8). Rehabbed units getting market rents, see rent roll. All units have washer/dryer. Minimal landscaping means low maintenance. Tenants pay trash, electric, water. OM in docs section.
Property Information
Property Overview
Commercial
Property Type
Active
Status
LARD1.5
Zoning
0.1673 acres
Lot Size
5
Total Units
4,380 SF
Square Footage
$388.13/SF
Price per SF
$87K
NOI
1,922
Year Built
1
Stories
2
Parking Total
0.46
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
$87,324
NOI
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CRMLS
MLS# 26907651
Listed:
Nalren refreshed:
Last updated
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Listed by: The Associates Realty Group
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.