$1,999,000
2600 Michigan Avenue, Los Angeles CA 90033
Multi-Family (5 Units)
Property type
76 days
On market
$456
Price per sqft
N/A
Garage
1922
Year built
7,288 sqft
Lot size
Home highlights
Open Houses
Overview
Five occupied units. Very walkable area: minutes to shops, dining, & metro station. 4 of 5 units were totally rehabbed in 2020 (5th is Section 8). Rehabbed units getting market rents, see rent roll. All units have washer/dryer. Minimal landscaping means low maintenance. Tenants pay trash, electric, water. OM in docs section.
Listing provided by: Patrick Petersen DRE #02002308 925-980-8792, The Associates Realty Group
Listing updated: Apr 16, 2026 at 07:20am.
Last checked: Jun 4, 2026 at 09:31pm
Source: CRMLS #26667867
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $2,700 | $2,700 | $3,000 | Unfurnished |
| 1 | 2 | 1 | — | $2,887 | $2,887 | $2,900 | Unfurnished |
| 1 | 2 | 1 | — | $2,812 | $2,812 | $2,900 | Unfurnished |
| 1 | 2 | 1 | — | $2,400 | $2,400 | $2,900 | Unfurnished |
| 1 | 2 | 1 | — | $840 | $840 | $840 | Unfurnished |
# of Buildings: 3
# of Units Total: 5
Separate Electric Meters: 5
Separate Water Meters: 5
Dishwasher: 5
Ranges: 5
Refrigerator: 5
Rent Control: Yes
Units Leased: 5
Tenant Pays: Electricity, Gas, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
171.0x
List Price / Annual Gross Rent
Cap Rate
3.52%
NOI / List Price
Net Operating Income: $70,316
Interior
Interior Features: Open Floor Plan
Cooling: Heat Pump
Heating: Heat Pump
Appliances: Dishwasher, Gas Cooktop, Range, Refrigerator, Range Hood, Vented Exhaust Fan, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 0
Levels: One
Property Condition: Updated Remodeled
Security Features: Carbon Monoxide Detectors, Fire Detection System, Key Card Entry, Smoke Detectors
Water Source: Public
View: City Lights
Garage and Parking
Parking: Door Multi, Garage, Tandem
Garage: Detached
Parking Total: 2
Lot Information
Land Lease: No
Parcel #: 5180010036
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 2600 Michigan Avenue, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,599,200
Total Interest
$2,039,691
Total Payment
$3,638,891
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,340
per month
Property History for 2600 Michigan Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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