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2316 Michigan

Los Angeles (City), CA 90033
  • $1,175,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: PW25281564
Price Reduced
$1,175,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Cruz Zavala of HomeSmart Realty Group (562-912-7770)


Description

Six Built One-Bedroom Units | Prime Boyle Heights InvestmentExcellent 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:Private in-unit laundry roomTwo separate entrances (front and rear)Alarm systemDirect access to the garage and parkingThe 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.Property also offers future development potential, with the ability to build three ADU (additional units) creates 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/171657563
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2316 Michigan Los Angeles (City), CA 90033

  • Price: $1,175,000
  • Status: Active
  • On Site: 73 Days
  • ID#: PW25281564
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1941
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Six Built One-Bedroom Units | Prime Boyle Heights InvestmentExcellent 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:Private in-unit laundry roomTwo separate entrances (front and rear)Alarm systemDirect access to the garage and parkingThe 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.Property also offers future development potential, with the ability to build three ADU (additional units) creates 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.
Exterior Features

Entry Level 2 Entry Location 2 Fencing Chain Link Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Sidewalks Contingency None Garage YN Yes Gross Income 5811.27 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Laundry RoomStacked Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanConventional1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 0 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 442 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Cruz Zavala of HomeSmart Realty Group (562-912-7770)