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2128 Michigan — photo 1
1 / 3

Units

2

Building Size

1,935 sf

Lot Size

5,596 sf

Status

Active

Listing Agent: SUZIE HERRERA, CORNERSTONE REALTY GROUP

Los Angeles

2128 Michigan

About This Property

Great investment opportunity with this duplex offering flexibility for both investors and owner-occupants! Each unit is a roomy 2 bedroom and 1 bath. The front unit is in good condition and will be delivered vacant at the close of escrow, providing the new owner the opportunity to move in and update to their taste, or lease at current market rent. The rear unit is tenant-occupied and will be delivered with the existing tenant in place. The unit is in need of repairs and updating, offering and excellent value-add opportunity for investors looking to improve the property over time. With two separate units both with brand new roofs and plenty of potential, the opportunity is ideal for a buyer looking to build equity, generate rental income or create a long term investment.The property is being sold in its as is present condition, tenancy and all other aspects of the property.

Unit Mix

  • 1 unit · 2bd / 1ba

Neighborhood

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Asking Price

$640,000

Est. Monthly Payment

$4,090/mo

20% down · 6.5% rate · 30yr

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Listing Agent

SUZIE HERRERA

CORNERSTONE REALTY GROUP