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Five-Unit Apartment Building
For Sale
$1,999,000

2600 Michigan Ave, Los Angeles, CA 90033

Occupied apartments offer washer/dryer access, limited landscaping, and proximity to retail, dining, and a metro station.

Property Size4,380 SF
Days on Market157

Property Features for 2600 Michigan Ave

General Information

Standard status Active
Size 4,380 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Public Transit Yes
Multifamily Units 5

Amenities

washer/dryer

Building Details

Building Size 4,380 SF
Year Built 1922
Listing Agency: The Associates Realty Group
Listed By: Patrick Petersen · License #02002308
Source: Milsteinestates
Added: Mar 21 Changed: Aug 20 Last Checked: Aug 23 at 8:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Associates Realty Group

Investment Insights

Based on property information with market context.

Built in 1922, this apartment property contains five occupied units. Four of the five residences underwent complete rehabilitation in 2020, while the fifth participates in Section 8. Every unit includes a washer/dryer, and the property has limited landscaping to reduce exterior upkeep. Tenants are responsible for trash, electric, and water expenses.

The property is located at 2600 Michigan Ave in Los Angeles, with shops, restaurants, and a metro station reachable within minutes. The combination of occupied units, recent improvements to most apartments, in-unit laundry, and a walkable setting provides a clear overview of the asset’s existing configuration.

Key Highlights

  • Five occupied apartment units
  • 4 of 5 units were totally rehabbed in 2020
  • Fifth unit is Section 8

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical 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.

Lease Details

5
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,876
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 - Occupied apartments offer washer/dryer access, limited landscaping, and proximity to retail, dining, and a metro station.
Where is this apartment building located?
The property is located at 2600 Michigan Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Five occupied apartment units; 4 of 5 units were totally rehabbed in 2020; Fifth unit is Section 8
More about this property
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