4248 Michigan Ave Los Angeles, CA 90063
Estimated payment $3,690/month
Highlights
- City Lights View
- Private Yard
- Park
- James A. Garfield Senior High School Rated A
- No HOA
- 3-minute walk to Eugene A. Obregón Park
About This Home
Set on a generous lot with previously approved permits for three additional units, this property offers a unique opportunity for expansion, redevelopment, or build to suit. Although the permits have since expired, they showcase the potential to create multiple residences on site. The existing home is clean, cozy, and move in ready, allowing for immediate use while future plans are explored.
From the property, enjoy sweeping views of the Downtown Los Angeles skyline in a neighborhood that continues to see growth and revitalization. The location is close by Boyle Heights, the Arts District, and the cultural core of Downtown Los Angeles, with additional access to the San Gabriel Valley, Monterey Park, and City Terrace. Local dining, markets, and amenities are all close at hand, and easy freeway access provides convenience for commuting and city connections.
This is a rare opportunity to combine a comfortable residence, skyline views, and land with development potential in one of Los Angeles’s most evolving areas.
Listing Agent
KELLER WILLIAMS PREMIER PROPER Brokerage Phone: 626-921-2599 License #01832050 Listed on: 09/05/2025
Open House Schedule
-
Sunday, September 14, 202512:00 to 3:00 pm9/14/2025 12:00:00 PM +00:009/14/2025 3:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,120
Year Built
- Built in 1924
Lot Details
- 5,188 Sq Ft Lot
- Private Yard
- Density is up to 1 Unit/Acre
- Value in Land
- Property is zoned LCR2*
Home Design
- Entry on the 2nd floor
Interior Spaces
- 840 Sq Ft Home
- 1-Story Property
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 12 / 8
- Tax Tract Number 5329
- Assessor Parcel Number 5234006013
- $721 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,120 | $119,790 | $73,907 | $45,883 |
| 2024 | $2,120 | $117,442 | $72,458 | $44,984 |
| 2023 | $2,088 | $115,140 | $71,038 | $44,102 |
| 2022 | $2,007 | $112,884 | $69,646 | $43,238 |
| 2021 | $1,981 | $110,672 | $68,281 | $42,391 |
| 2019 | $1,929 | $107,391 | $66,256 | $41,135 |
| 2018 | $1,869 | $105,286 | $64,957 | $40,329 |
| 2016 | $1,789 | $101,200 | $62,436 | $38,764 |
| 2015 | $1,764 | $99,681 | $61,499 | $38,182 |
| 2014 | $1,767 | $97,730 | $60,295 | $37,435 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $649,888 | -- | $774 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $320,000 | New Conventional | |
| Closed | $225,000 | New Conventional | |
| Closed | $195,000 | Stand Alone First |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25200253
APN: 5234-006-013
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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