221 Michigan Ave presents an exceptional investment opportunity in the heart of Boyle Heights. This well-maintained two-story apartment building, built in 1926, spans 9,229 square feet and features 32 units on a 6,053-square-foot lot. The unit mix includes (24) Bachelors, (6) Studios, and (2) one bedroom + one bathroom units, catering to a diverse tenant base.
Sold for $2,500,000
$2,500,000
2221 Michigan Ave, Los Angeles, CA 90033
2beds
32baths
9,229sqft
Multi Family
Built in 1926
-- sqft lot
$1,541,100 Zestimate®
$271/sqft
$2,454 Estimated rent
Home value
$1,541,100
$1.28M - $1.80M
$2,454/mo
Zestimate® history
Owner options
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$2,454/mo
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$15,853/mo
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Zillow last checked:
Listing updated:
Listed by:
David Weinberger DRE # 01349349 818-970-0915,
Keller Williams Studio City 818-432-1500,
Megan Husri DRE # 02089901 310-775-7529,
Keller Williams Studio City
Bought with:
Non-Member 999999
Non-member Office
Source: CLAW,MLS#: 24-364103
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 32
Heating
- Other
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Interior area
- Total structure area: 9,229
- Total interior livable area: 9,229 sqft
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,181 Square Feet
- Features: Curbs, Street Lighting, City Lot
Details
- Additional structures: None
- Zoning: LAR4
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1926
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $271/sqft
- Tax assessed value: $1,339,773
- Date on market: 12/10/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2024 | Sold | $2,500,000-41.9%$271/sqft |
Source:  CLAW #24-364103 Report a problem | ||
| 8/29/2024 | Pending sale | $4,300,000$466/sqft |
Source: CLAW #24-364103 Report a problem | ||
| 7/30/2024 | Contingent | $4,300,000$466/sqft |
Source: CLAW #24-364103 Report a problem | ||
| 3/2/2024 | Listed for sale | $4,300,000+19.4%$466/sqft |
Source: CLAW #24-364103 Report a problem | ||
| 1/20/2021 | Listing removed | -- |
Source:  CLAW Report a problem | ||
| 1/11/2018 | Pending sale | $3,600,000$390/sqft |
Source: BRC Advisors #17293336 Report a problem | ||
| 12/1/2017 | Listed for sale | $3,600,000$390/sqft |
Source: BRC Advisors #17293336 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Boyle Heights
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Nearby schools
GreatSchools rating
- 5/10Sheridan Street Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Hollenbeck Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Theodore Roosevelt Senior HighGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,541,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,541,100
- California
- Los Angeles County
- Los Angeles
- 90033
- Boyle Heights
- 2221 Michigan Ave
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Nearby neighborhoods
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