$829,000
For Sale by Owner
Listed 1 month ago

5BR Multi-Family for Sale in Los Angeles, CA

2925-2927 Michigan, Los Angeles, CA 90033
5 Beds
5 Bath
Built 1924
PropSlick Verified Data Key facts & insights for this exact address
1924
Year Built
6,050 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1924
Lot Size6,050 sq ft

Property Description

Discover an exceptional investment and owner-user opportunity in the vibrant Boyle Heights neighborhood of East Los Angeles. This unique triplex property features three separate detached homes on one lot, offering versatility, strong income potential, and the rare ability to enjoy the privacy of standalone residences. Whether you're an investor seeking a valuable addition to your portfolio or a buyer looking to live in one unit while generating rental income from the others, this property offers incredible flexibility. The front home, delivered vacant and move-in ready, has been freshly painted inside and out and offers an inviting, updated living space. Currently configured as a spacious 3-bedroom, 3-bath residence, it has been recently enhanced with stylish vinyl plank flooring, modern LED lighting, new kitchen cabinetry, a beautiful Calacatta-style quartz countertop, stainless steel sink, upgraded faucet, and vent hood. Additional conveniences include washer and dryer hookups inside the home, a large covered side patio ideal for outdoor entertaining and gatherings, plus a reserved rear parking space with easy alley access through a security gate. The two additional detached rear units are each configured as 1-bedroom, 1-bath homes, providing excellent supplemental rental income opportunities. One of the rear units also benefits from a spacious storage shed at the back of the property, offering valuable additional storage space. Situated on a 6,050 sqft lot, the property shows 1,798 sqft with 4 bedrooms and 3 bathrooms on record. Recent measurements completed by a certified appraiser reflect approximately: Front House (2925) at 1,237 sqft, Rear House (2927) at 444 sqft, Rear House (2927 1/2) at 396 sqft, totaling approximately 2,079 sqft of measured living area, plus an additional 255 sqft storage shed. Located in the culturally rich and historic Boyle Heights area of East Los Angeles, residents enjoy a strong sense of community, deep-rooted heritage, and convenient access to some of LA's most beloved destinations. The neighborhood is known for its renowned food scene, vibrant arts culture, local coffee shops, and authentic eateries. With convenient access to major freeways and public transportation, Boyle Heights continues to attract residents who appreciate its character, connectivity, and dynamic urban lifestyle.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating
Washer/Dryer
Backyard/Patio

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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