2316 Michigan, Los Angeles, CA 90033
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Listed by Cruz Zavala, DRE #01240727 • HomeSmart Realty Group
$ 1,100,000
Est. payment | /mo

7,656 Sqft Lot


Save
$ 1,100,000
Est. payment | /mo
Save

7,656 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26159157

Year Built 1941

Lot Size 7,656 Sqft

Source California Regional MLS

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-constra

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Rooms

Kitchen None

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Laundry In Laundry Room, Other

Exterior

Parking Features Garage

Garage Spaces 6.0

Pool 31, None

View None

Roof Type Shingle

Building

Water District - Public

Others

Tax ID 5183005023

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

John Fagan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(669) 303-8501

john@johnfagangroup.com

1295 E Dunne Ave Suite 130 Morgan Hill, CA 95037, USA

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2316 Michigan