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2202 Michigan Ave , Los Angeles, CA 90033
$7,400,000
Est. Payment: $39,521.18/mo
2 Bed
2 Bath
22124 Sqft
Status: Active | Days on site: 33
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PB18067 - PSTEPROB
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Chris Heller
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House Description

Michigan Heights Apartments is a well-maintained, 28-unit apartment complex located at 2202-2208 Michigan Avenue, in dynamic Boyle Heights, one block from amenity-rich retail corridors on E. Cesar Chavez Avenue and Soto Street. The property comprises (24) two-bedroom/one bath units and (4) studio units. Units are bright with hardwood floors throughout, stainless steel appliances, and modern kitchens and bathrooms. Appealing features include attractive landscaping, secure gated access, on-site laundry facilities, designated parking, and community BBQ areas. Approximately $500K has been invested in capital improvements including new windows, upgraded electrical systems, new roofing on half of the building, and interior renovations. Michigan Heights is well-located in one of LA's most unique and vibrant communities. Known for its deep cultural roots, Boyle Heights has received increased attention in recent years for its Michelin-recognized chefs, celebrated eateries, and a thriving artistic community.
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Highlights

Listed by Robert Stepp , 310-774-3740 Keller Williams Realty Downey , 562-334-1500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.51

Year Built

1985

County

Los Angeles

Area

BOYH - Boyle Heights

Listing ID

PW26182167

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:26-30 Units/Acre,No Land Lease
Garage Capacity:20
Zoning:LARD1.5
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$39,521
Taxes
$4,718

Home Price

$7,400,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$1,480,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$39,521.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $39,521.18 $4,717.50 $0.00 $44,238.68
Yearly $474,254.15 $56,610.00 $0.00 $530,864.15
Total $14,227,624.55 $1,698,300.00 $0.00 $15,925,924.55

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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