Sold for $750,000

Listed by: REDFIN CORPORATION • Ruben Martinez • Contact: 877-973-3346

Bought with: Synergy Real Estate

$750,000

4233 Michigan Ave, Los Angeles, CA 90063

4beds

4baths

1,379sqft

Triplex

Built in 1925

-- sqft lot

$748,500 Zestimate^®

$544/sqft

$3,602 Estimated rent

Home value

$748,500

$681,000 - $823,000

$3,602/mo

Zestimate^® history

Owner options

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$3,602/mo

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$3,602/mo

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$4,763/mo

Est. payment

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$4,763/mo

Est. payment

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What's special

**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.**

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Rooms

Room types: Bedroom, Laundry

Bedroom

Features: All Bedrooms Down

Bedroom

Features: Bedroom on Main Level

Heating

Wall Furnace

Cooling

None

Appliances

Laundry: Gas Dryer Hookup

Features

Balcony, Laminate Counters, Storage, All Bedrooms Down, Bedroom on Main Level
Flooring: Carpet, Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 1,379
Total interior livable area: 1,379 sqft

Property

Parking

Parking features: Assigned, Concrete, Carport
Has carport: Yes

Features

Entry location: 1
Pool features: None
Spa features: None
Fencing: Chain Link,Fair Condition

Lot

Size: 3,970 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 5234005008
Zoning: LCR2*
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Sewer Tap Paid
Water: Public

Community & HOA

Community

Features: Curbs, Park, Street Lights, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $544/sqft
Tax assessed value: $273,401
Annual tax amount: $4,612
Date on market: 2/20/2025
Cumulative days on market: 357 days
Listing terms: Cash,Cash to New Loan,Conventional
Inclusions: Cabinets, Storage Shelves, Lighting Fixtures, Window/Door Screens, Attached Floor Coverings

Price history

Date	Event	Price
10/20/2025	Sold	$750,000-10.7%$544/sqft
Source: CRMLS #CV25037552 Report a problem
8/5/2025	Pending sale	$840,000$609/sqft
Source: CRMLS #CV25037552 Report a problem
2/20/2025	Price change	$840,000+0%$609/sqft
Source: CRMLS #CV25037552 Report a problem
11/22/2024	Listed for sale	$839,900$609/sqft
Source: CRMLS #DW24238625 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,612 +3.9%	$273,401 +2%
2024	$4,440 +5.7%	$268,042 +2%
2023	$4,202 +4.3%	$262,787 +2%
2022	$4,028 +1.2%	$257,635 +2%
2021	$3,981 -0.6%	$252,584 +1%
2020	$4,004	$249,995 +2%
2019	$4,004 +5.8%	$245,094 +2%
2018	$3,785	$240,289 +2%
2017	$3,785 +1.9%	$235,578 +2%
2016	$3,716 +2.4%	$230,960 +1.5%
2015	$3,630 +1.3%	$227,492 +2%
2014	$3,583	$223,037 +2.5%
2012	--	$217,677 +2%
2011	--	$213,410 +0.8%
2010	--	$211,816 -0.2%
2009	--	$212,321 +2%
2008	--	$208,158 +2%
2007	--	$204,078 +2%
2006	--	$200,078
2005	--	$200,078 +4%
2004	--	$192,311 +1.9%
2003	--	$188,788 +2%
2002	--	$185,087 +4%
2000	--	$177,900