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Gated 28-Unit Apartment Building
New
For Sale
$7,400,000

2202-2208 Michigan Avenue, Los Angeles, CA 90033

Los Angeles, CA

Property SizeContact for details
Lot Size0.51 Acres
Days on Market6

Property Features for 2202-2208 Michigan Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning LARD1.5
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Laundry Room
Parking 20
Lot features 26-30 Units/ Acre
Directions Michigan Ave
Subdivision BOYH - Boyle Heights
Standard status Active
APN 5183005051
Lot size 0.51 Acres

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1985
Floors in Building 3
Number of units 28
Listing Agency: Keller Williams Realty Downey
Listed By: Robert Stepp · License #01456379
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 24 at 12:06PM
MLS# PW26182167

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Michigan Heights Apartments is a 28-unit multifamily property at 2202-2208 Michigan Avenue in Los Angeles. The unit mix includes 24 two-bedroom/one-bath apartments and 4 studios. Interiors feature hardwood flooring, stainless steel appliances, and updated kitchen and bathroom finishes. The 1985-built property also includes gated entry, on-site laundry, designated parking, landscaped grounds, and community barbecue areas.

The 0.5141-acre site is positioned one block from retail corridors along E. Cesar Chavez Avenue and Soto Street in Boyle Heights. Public water and public sewer serve the property, which is zoned LARD1.5. Improvements include new windows, electrical system upgrades, new roofing on half of the building, and interior renovations.

Key Highlights

  • 28‑unit apartment complex with 24 two‑bedroom/one‑bath units and 4 studio units
  • 0.5141‑acre site at 2202‑2208 Michigan Avenue, Los Angeles, CA 90033
  • Zoned LARD1.5 and served by public water and public sewer

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Gym & Fitness Center Acupuncture Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,298
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Boyle Heights multifamily property with renovated interiors, designated parking, laundry facilities, and public utilities.
Where is this apartment building located?
The property is located at 2202-2208 Michigan Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $7,400,000.
What are key features of this property?
This property features: 28‑unit apartment complex with 24 two‑bedroom/one‑bath units and 4 studio units; 0.5141‑acre site at 2202‑2208 Michigan Avenue, Los Angeles, CA 90033; Zoned LARD1.5 and served by public water and public sewer
More about this property
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