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2316 Michigan

Los Angeles, CA 90033
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Bed 6

Bed

Bath 6

Bath

SqFt7,656

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,100,000

AD Id : 89134466

MLS Id : PW26159157

Beds : 6

Lot Size : 7,656 Sqft

Year Built : 1941

Garage : 6

County : Los Angeles

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Feature Features

  • Interior Features

    Roof: Shingle
    Laundry Features: Inside, LaundryRoom
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1941
    Building Area Total: 3796
    Stories: 2
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 7656 Lot Size Acres: 0.1758 Lot Size Source: Assessor Lot Size Square Feet: 7,656 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $1100000
    Cash, CashToExistingLoan, CashToNewLoan

  • Tax Information

    Parcel Number: 5183005023 Tax Lot: 20 Tax Block: 60

  • Parking Information

    Parking Total: 6 DirectAccess, Garage

    Garage Information

    Has Garage: Yes Garage Space: 6

  • Utility Information

    None
  • Location Information

    Direction: Soto WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
436 S Soto, Los Angeles, CA, 90033 $1,350,000 1 1 --

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ByOwner last updated this listing 08/12/2026 @ 11:42

MLS: PW26159157 LISTED BY: Cruz Zavala, HomeSmart Realty Group 562-912-7770 SOURCE: CRMLS

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