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2316 MichiganLos Angeles, CA 90033

For Sale

$1,175,000

Smart Buyer Rebate $11,750

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 market.

Ideal for owner-users, small investors, or those seeking long-term appreciation in a growing Los Angeles neighborhood.

Listed by Cruz Zavala

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License #01240727

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HomeSmart Realty Group

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562-682-7005

Last updated March 02, 2026

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Source: CRMLS #PW25281564

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Days on Prevu74

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/03/2026
Price Decreased
$1,175,000
01/01/2026
Listed by HomeSmart Realty Group
$1,200,000

Property Details for 2316 Michigan

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Roof: Shingle
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1941
  • Common Walls: 1 Common Wall
  • Entry Level: 2
  • Entry Location: 2

Features

  • Fencing: Chain Link
  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 3,796
  • Building Area Units: Square Feet
  • Lot Features: 6-10 Units/Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,656
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,656
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $5,811.27

Taxes

  • Parcel Number: 5183005023

Other

Location

  • Tax Block: 60
  • Tax Lot: 20

Parking

Parking

  • Garage Spaces: 6
  • Garage: Yes
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Laundry Room, Stacked
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2316 Michigan.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 2316 Michigan.

How does 2316 Michigan compare to other multi-family homes in Boyle Heights?

This multi-family home is listed 4% below the average price for multi-family homes in Boyle Heights and has been on the market for 21 less days than the typical home in this area.

2316 Michigan is a -bedroom multi-family home for sale in Los Angeles CA 90033. Listed on Prevu for 74 days at $1,175,000. This includes a recent price decrease of $25,000. This home is located in Boyle Heights. The median listing price for multi-family homes in this area is $950,000. Property amenities include parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.