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$ 1,100,000
Est. payment /mo
New
2316 Michigan Los Angeles, CA 90033
4 Beds
4 Baths
7,656 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26159157
Bedrooms 4
Lot Size 7,656 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction Soto
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5183005023
Acceptable Financing Cash
Listing Terms Cash
Listed by Cruz Zavala, DRE#01240727 HomeSmart Realty Group