2316 Michigan, Los Angeles, CA 90033
2316 Michigan, Los Angeles, CA 90033
2316 Michigan, Los Angeles, CA 90033
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Listed by Cruz Zavala • HomeSmart Realty Group
$1,100,000
Est. payment /mo
3,796 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,796 sqft

Price per Sqft $289

MLS Listing ID PW-26159157

Year Built 1941

Lot Size 7,656 Sqft

Property Sub-Type Apartment

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Six Built One-Bedroom Units | Prime Boyle Heights Investment. Excellent opportunity to own six outstanding one-bedroom units in the heart of Boyle Heights, one of Los Angeles' fastest-growing and most centrally located communities. Just minutes from Downtown Los Angeles, with close proximity to restaurants, shopping, entertainment, and major freeways. All units have some upgrades, with the most critical systems already completed, including new electrical, plumbing, roofing, water heaters, and a brand-new exterior paint job, offering low-maintenance ownership and peace of mind for the next investor. Each spacious one-bedroom unit features: a private in-unit laundry room, two separate entrances (front and rear), and direct access to the garage and parking. The property includes three two-car garages, providing one garage space per unit plus additional parking. Boyle Heights offers unmatched freeway access via the I-5, I-10, and I-101, allowing residents to reach Downtown Los Angeles and the surrounding areas within minutes. One-bedroom units are highly sought after in this location, supporting strong rental demand. The property also offers future development potential, with the ability to build three ADUs (additional units), creating a rare value-add opportunity in a supply-constrained market. Ideal for owner-users, small investors, or those seeking long-term appreciation in a growing Los Angeles neighborhood.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Heating Wall Furnace

Fireplaces Type None

Laundry Individual Room, Inside

Exterior

Parking Features Direct Garage Access

Garage Spaces 6.0

Pool None

Community Features Sidewalks

Utilities Available None

View Y/N No

View None

Building

Lot Description 6-10 Units/Acre

Sewer Public Sewer

Others

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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2316 Michigan