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About This Home
This 5-bedroom, 5-bathroom multi-family at 2925 Michigan 2927 in Los Angeles, CA is listed for $829,000 ($399 per sqft). Built in 1924, the home offers 2,079 sqft of living space on a 0.14 acres lot.
Discover an exceptional investment and owner-user opportunity in the vibrant Boyle Heights neighborhood of 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. Call Michelle today for more info! 818-388-6992
Key Features
- Built in 1924
- 0.14 acre lot
- 1 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,434/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2925 Michigan 2927
Los Angeles, CA 90033
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 5-bathroom multi-family at 2925 Michigan 2927 is listed at $829,000 ($399/sqft). The estimated monthly payment is $3,592 based on 20% down at 6.5% interest.
Key features include: Built in 1924, 0.14 acre lot, 1 parking spaces. Interior Features: Quartz Counters, Copper Plumbing Partial. Exterior Features: Fence, Community Features Included: Sidewalks, 2-5 Units/Acre.
This property is listed by Michelle Tripodi and can be reached at 8183886992 or rebrokermichelle@hotmail.com.
