2522 Michigan Avenue
Description
- Listed by John Katnik • DRE #02002695 • Brokerage DRE #01765179 • BRC Advisors- BH
Property Details for 2522 Michigan Avenue
Property Details for 2522 Michigan Avenue
| Status | Active |
|---|---|
| MLS # | 24-440061 |
| Days on Market | 5 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1923 |
| Lot Size | 0.13 AC / 5,464 SF |
| County | Los Angeles County |
Building Information for 2522 Michigan Avenue
Property Information for 2522 Michigan Avenue
- Tax Mello Roos: No
- Number Of Units: 4
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: mixed
- Water Heaters: Yes
- Probate: No
- Disclosures: None
- Listing Type: Exclusive Agency
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $131,055
- Net Operating Income: $95,577.00
- Gross Income: $135,108
- Cap Rate: 6.41%
- Gross Rent Multiplier: $11.03
- Vacancy Allow Percent: 3.00%
- Total Annual Expense: 35478
- Additional Parcel Number: No
- Alley: Yes
- Lot Acreage: 0.1255
- Lot Size Square Feet: 5464
- Parking Garage: Uncovered
- Total Parking: 4
- Open Other Spaces Total: 4
- Parking Features: Uncovered
- Levels: Two
- Cooling: None
- Cooling Type: None
- Heating: Wall Furnace
- Heating Type: Wall
- Equipment: None
- Common Walls: Attached
- Laundry: In Unit
- New Construction: No
- Other Structures: None
- Entry Date: 09-16-2024
- Rent Control: Yes
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,407.00
- Unit Actual Rent: $2,407.00
- Unit Projected Rent: $2,900.00
- Like Units: 1
- Unit Beds: 1
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,900.00
- Unit Actual Rent: $2,900.00
- Unit Projected Rent: $2,900.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $3,052.00
- Unit Actual Rent: $3,052.00
- Unit Projected Rent: $3,050.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,900.00
- Unit Actual Rent: $2,900.00
- Unit Projected Rent: $3,050.00
- Like Units: 1
- Unit Type Type: 2106, 2107, 2108, 2109
- Assessed Improvement Value: $450,000.00
- Assessed Improvement Percent: 42.86
- Assessed Land Value: $600,000.00
- Assessed Land Percent: 57.14
- Assessed Total Value: $1,050,000.00
Property History for 2522 Michigan Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2522 Michigan Avenue
Schools near 2522 Michigan Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Charter - | K to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Breed Street Elementary School PublicK to 6 | ||
Extera Public Schools CharterK to 8 | ||
Theodore Roosevelt Senior High Public9 to 12 | ||
Felicitas And Gonzalo Mendez High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near Boyle Heights
Neighborhoods
- Arts District
- Boyle Heights
- Central Los Angeles
- Downtown Los Angeles
- Eastside Los Angeles
- El Sereno
- Historic Cultural
- Lincoln Heights
- Metropolitan
- Mission Junction
- Little Tokyo
- Seafood District
- Chinatown
- Los Angeles Civic Center
- Solano Canyon
- Northeast Los Angeles
- Montecito Heights
- Central City East
- Elysian Park
- Echo Park
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of BRC Advisors- BH, John Katnik, DRE #02002695
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.