Los Angeles, CA 90063 4233 Michigan Avenue

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4233 Michigan Avenue Los Angeles, CA - Image 44233 Michigan Avenue Los Angeles, CA - Image 54233 Michigan Avenue Los Angeles, CA - Image 64233 Michigan Avenue Los Angeles, CA - Image 74233 Michigan Avenue Los Angeles, CA - Image 84233 Michigan Avenue Los Angeles, CA - Image 94233 Michigan Avenue Los Angeles, CA - Image 104233 Michigan Avenue Los Angeles, CA - Image 114233 Michigan Avenue Los Angeles, CA - Image 124233 Michigan Avenue Los Angeles, CA - Image 134233 Michigan Avenue Los Angeles, CA - Image 144233 Michigan Avenue Los Angeles, CA - Image 154233 Michigan Avenue Los Angeles, CA - Image 16
Presented By: Ruben Martinez with REDFIN CORPORATION;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# CV25037552
  • 02/20/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 4
  • Baths • 4
  • SQFT • 1,379

Home Details

**Cash-Flowing Triplex – Turnkey & Tenant-Occupied** Imagine stepping into an investment where the heavy lifting is already done. This fully occupied **income-producing triplex** is a **set-it-and-forget-it asset**, delivering **steady cash flow** from day one. No chasing down tenants, no guesswork—just **reliable returns** backed by **strong, long-term renters** who treat the property like home. With **separate utilities and minimal upkeep**, your expenses stay low while your profits stack up. Located in a **high-demand rental market**, this isn’t just a property—it’s a **wealth-building vehicle** positioned for long-term appreciation. Opportunities like this don’t sit around. **Lock in your next investment before someone else does.**
Presented By: Ruben Martinez with REDFIN CORPORATION;

Interior Features for 4233 Michigan Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Vinyl
Heating Y/NYes
Interior AmenitiesBalcony, LaminateCounters, Storage, AllBedroomsDown, BedroomOnMainLevel
Laundry FeaturesGasDryerHookup
Total Stories2

Other Rooms

Entry Level1

General for 4233 Michigan Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NYes
CityLos Angeles
Community FeaturesCurbs, Park, StreetLights, Sidewalks
CoolingNone
CountyLos Angeles
DirectionsN Eastern Ave and Michigan Ave
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income55296.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense3821.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet3970.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income48484.0
New ConstructionNo
Number Of Units Total3
Operating Expense6812.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofAsphalt
Senior Community Y/NNo
SewerSewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot8
Trash Expense0.0
Water Sewer Expense1531.0
Waterfront Y/NNo
Year Built1925
Year Built SourceAssessor
ZoningLCR2*

Exterior for 4233 Michigan Avenue

Building Area Total1379.0
Crops Included Y/NNo
FencingChainLink, FairCondition
Horse Y/NNo
InclusionsCabinets, Storage Shelves, Lighting Fixtures, Window/Door Screens, Attached Floor Coverings
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.0911
Lot Size Area3970.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Concrete, Carport
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $840,000
MLS#CV25037552
List Date 02/20/2025
Property Type Multi-Family
Phone 714.742.6515
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