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$1,100,000
5 Days On Site

2316 Michigan
Los Angeles, CA 90033

For Sale|Apartment|Active
0
Beds
0
Total Baths
3,796
SqFt
$290
/SqFt
1941
Built
County:
Los Angeles
Listed by Cruz Zavala of HomeSmart Realty Group [email protected]

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2316 Michigan2316 Michigan2316 Michigan2316 Michigan
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Excellent opportunity to own a six-unit income property in prime Boyle Heights, just west of Soto Street and minutes from Downtown Los Angeles. This property features six built one-bedroom units on a 7,656 sq. ft. lot, offering strong rental appeal in one of Los Angeles’ most central and high-demand rental markets. Each unit offers a practical and desirable layout with a private in-unit laundry room, front and rear entrances, an alarm system, and direct access to garage/parking areas. The property includes three two-car garages, providing one garage space per unit plus additional parking — a rare and valuable feature for tenants in this area. Major improvements have already been completed, including updated electrical, plumbing, roofing, water heaters, and fresh exterior paint, giving the next owner reduced maintenance concerns and a stronger foundation for long-term ownership. These completed upgrades make the property especially attractive for investors seeking a more stable asset with essential systems already addressed. Located in the heart of Boyle Heights, residents enjoy quick access to Downtown Los Angeles, restaurants, shops, entertainment, public transportation, and major freeways, including the 5, 10, and 101. The central location supports consistent tenant demand, especially for one-bedroom units, which remain highly desirable for renters seeking affordability, convenience, and proximity to Downtown LA. This property also offers meaningful value-add potential, including the possibility of adding up to three ADUs, allowing an investor to increase unit count, rental income, and long-term property value. Buyer to verify all ADU and development possibilities with the City of Los Angeles. Ideal for an investor, owner-user, or long-term hold buyer looking for income, upside, and appreciation in a supply-constrained Los Angeles market. A rare chance to secure a multi-unit asset in a growing neighborhood with strong fundamentals and future potential.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,796 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1758 Acres
Year Built 
1941
MLS® Number 
PW26100035
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoStatus changed to Active
6 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Acres 
0.1758
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3796
Water Source 
Public
Interior Features
Laundry Features 
Laundry Room
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Exterior Features
Pool Features 
None
Community Features
Building Access 
front
Community Features 
Street LightsSidewalks
Financing Terms Available 
CashConventionalOwner May Carry
MLS Area 
BOYH - Boyle Heights


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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