2316 Michigan, Los Angeles, CA 90033
- 3,796 sqft
other
Built in 1941
7,841sqft lot
—— car garage
$316/sqft
Listed 1 month ago
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: Private in-unit laundry room Two separate entrances (front and rear) Alarm system 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. 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
- Listing Status:
- Active
- Date Added:
- January 1, 2026
- Data Last Updated:
- February 7, 2026 at 8:09PM
- Listing Office:
- Home Smart Realty Group : 562-912-7770
- Listing Agent:
- Cruz Zavala : 562-682-7005
- MLS ID:
- CRPW25281564
- Originating MLS: CRMLS
- County: Los Angeles
- Zoning: 5183005023
- View: None
- Source: CRMLS
Presented by Veterans United Realty
This listing courtesy of Cruz Zavala , Home Smart Realty Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Breed Street Elementary School
2226 E 3rd St, Los Angeles, CA, 90033
Grades KG-6
0.30 miles away
Hollenbeck Middle School
2510 E 6th St, Los Angeles, CA, 90023
Grades 6-8
0.61 miles away
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St, Los Angeles, CA, 90033
Grades 9-12
0.48 miles away



