2128 Michigan, Los Angeles, CA 90033

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List Price
$640,000
Status
ACTIVE
Days on Market
2
MLS#
MB26216940
Subtype
Residential Income
Year Built
1935
Lot Size
5,596
Acres
0.13
MLS Area Major
Boyle Heights (BOYH)

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.

Additional Information

Pool Type
None
Parking Features
Driveway

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: SUZIE HERRERA (suzherrera21@gmail.com) from Listing Office: CORNERSTONE REALTY GROUP.

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.