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$729,000   Price Analysis
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4344 Michigan Ave
Los Angeles, CA 90022
5 bed 2 bath 2,037 SqFt ($357/SqFt)
6,887SqFt lot. Built 1949
Listed 2023-11-10, Taxes $4,729
Ⓧ USDA Ineligible
due to location

near Los Angeles

Two units

* Has Contingent Offer *

Exceptional investment opportunity with plenty of potential. The front unit has 3 beds 1 bath, back unit 2 beds, I bath. Live in one unit and rent the other. The property is located near The Metro Line, with quick access to the 710 and 60 Freeways, really close LA Downtown, East Los Angeles Community Colle ge and Cal State LA, schools, parks and transportation.

Do not miss the opportunity, be the proud owner of this property cll us today!


Presented by Gil Rodriguez at
Sharpstone Realty.
Listing Agent Photo

Property MLS #PW23208101 from CRMLS

Bedrooms: 5

Laundry Features: Inside

Full Bathrooms: 2

Heating Features: ENERGY STAR Qualified Equipment
Heating: Yes

Pool Features: Private
Pool Private: Yes

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1581038
Lot Size Source: Assessor
Lot Size Square Feet: 6887

Number of Units: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1

Maintenance Expense: 1000.00

Number of Units Leased: 2

Community Features: Curbs

Source Listing Status: Active Under Contract
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1500.00
Area: C34 - Los Angeles Southwest
Source Neighborhood: C34 - Los Angeles Southwest
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 5234015041
Postal Code Plus 4: 1424
Trash Expense: 700.00
Zoning: LCR2YY
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$204,903 + $108,300
$313,203
$4,729
2021$200,886 + $106,177
$307,063
$4,669
2020$198,827 + $105,089
$303,916
$4,696
2019$194,929 + $103,029
$297,958
$4,539
2018$196,643 + $74,637
$271,280
$4,120
2017$192,788 + $73,174
$265,962
$4,044
2016$189,008 + $71,740
$260,748
$3,941
2015$186,169 + $70,663
$256,832
$3,884
2014$182,523 + $69,279
$251,802
$3,888
2013$181,699 + $68,966
$250,665
$3,868
2012$178,137 + $67,614
$245,751
$3,882
2010$174,645 + $66,289
$240,934
$3,783
2009$173,752 + $65,951
$239,703
$3,646
2009$173,340 + $65,794
$239,134
$3,646
2008$170,346 + $64,658
$235,004
$3,504
2007$167,006 + $63,391
$230,397
$3,380

Listed 2023-11-10
$729,000
CRMLS
Sold 1984-04-17
$149,000
Public Record

Net Operating Income: 19000.00

Total Square Feet Living: 2037
Year Built: 1949
Building Features: 2
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 75
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1200.00
Water Source: Public

Hilda L. Solis Learning Academy School Of Technology, Business And Education is a public high school located approximately 0.1 miles away.
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Marianna Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Belvedere Middle School is a public middle school located approximately 0.6 miles away.
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Our Lady of Guadalupe Elementary School is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.