2316 Michigan Los Angeles, CA $ 1,200,000
2316 Michigan
$ 1,200,000
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2316 Michigan

Los Angeles, CA, 90033
$ 1,200,000
Baths1.0 Sq 3,796

Monthly Estimate*

$ 7,486

Listed by Home Smart Realty Group
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View a Virtual Tour
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,200,000 with 1 full bath. This 3,796 square foot home was built in 1941 on a lot size of 0.1758.

Six Newly 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.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1758

Year Built

1941

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW25281564

Days on Market

4

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Roof Shingle
Garage Spaces 6
Pool Features None
Year Built 1941
Tenant Pays Electricity Gas
View None
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 5811.27
Community Features Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
Contingency None
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions west of soto
City Los Angeles
Entry Location 2
Senior Community Y/N false
Number Of Units Total 6
MLS Area BOYH - Boyle Heights
Lot Size Units Square Feet
Lot Size Square Feet 7656
Listing Terms Cash Cash to Existing Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 442
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.youtube.com/shorts/6CXo5Xn0m6M
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 20
Property Sub Type Additional Apartment
Expected Active Date 2026-01-01
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Room Stacked
Entry Level 2
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Exterior
Fencing Chain Link
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 6
Lot Size Area 7656
Number of Buildings 3
Spa false
Building Area Total 3796
Lot Size Acres 0.1758
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type City Street
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* Excluded Features
List By
Home Smart Realty Group

Broker

cruz4homes@gmail.com

Email

Affordability Calculator

$7,486
Per Month
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Monthly Principal & Interest
$7,486
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/1/2026$1,200,000 Listed Price

Map


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2316 Michigan, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $1,200,000 with 3,796 sqft and a lot size of 0.1758. 2316 Michigan is a studio with 1.0 baths and was built in 1941. The property's zip code is 90033 which is in Los Angeles, CA