Excellent opportunity to own a six-unit income property in prime Boyle Heights, just west of Soto Street and minutes from Downtown Los Angeles. This property features six built one-bedroom units on a 7,656 sq. ft. lot, offering strong rental appeal in one of Los Angeles’ most central and high-demand rental markets.
Each unit offers a practical and desirable layout with a private in-unit laundry room, front and rear entrances, an alarm system, and direct access to garage/parking areas. The property includes three two-car garages, providing one garage space per unit plus additional parking — a rare and valuable feature for tenants in this area.
Major improvements have already been completed, including updated electrical, plumbing, roofing, water heaters, and fresh exterior paint, giving the next owner reduced maintenance concerns and a stronger foundation for long-term ownership. These completed upgrades make the property especially attractive for investors seeking a more stable asset with essential systems already addressed.
Located in the heart of Boyle Heights, residents enjoy quick access to Downtown Los Angeles, restaurants, shops, entertainment, public transportation, and major freeways, including the 5, 10, and 101. The central location supports consistent tenant demand, especially for one-bedroom units, which remain highly desirable for renters seeking affordability, convenience, and proximity to Downtown LA.
This property also offers meaningful value-add potential, including the possibility of adding up to three ADUs, allowing an investor to increase unit count, rental income, and long-term property value. Buyer to verify all ADU and development possibilities with the City of Los Angeles.
Ideal for an investor, owner-user, or long-term hold buyer looking for income, upside, and appreciation in a supply-constrained Los Angeles market. A rare chance to secure a multi-unit asset in a growing neighborhood with strong fundamentals and future potential.
Each unit offers a practical and desirable layout with a private in-unit laundry room, front and rear entrances, an alarm system, and direct access to garage/parking areas. The property includes three two-car garages, providing one garage space per unit plus additional parking — a rare and valuable feature for tenants in this area.
Major improvements have already been completed, including updated electrical, plumbing, roofing, water heaters, and fresh exterior paint, giving the next owner reduced maintenance concerns and a stronger foundation for long-term ownership. These completed upgrades make the property especially attractive for investors seeking a more stable asset with essential systems already addressed.
Located in the heart of Boyle Heights, residents enjoy quick access to Downtown Los Angeles, restaurants, shops, entertainment, public transportation, and major freeways, including the 5, 10, and 101. The central location supports consistent tenant demand, especially for one-bedroom units, which remain highly desirable for renters seeking affordability, convenience, and proximity to Downtown LA.
This property also offers meaningful value-add potential, including the possibility of adding up to three ADUs, allowing an investor to increase unit count, rental income, and long-term property value. Buyer to verify all ADU and development possibilities with the City of Los Angeles.
Ideal for an investor, owner-user, or long-term hold buyer looking for income, upside, and appreciation in a supply-constrained Los Angeles market. A rare chance to secure a multi-unit asset in a growing neighborhood with strong fundamentals and future potential.
Property Details
Price:
$1,100,000
MLS #:
PW26100035
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
boyhboyleheights
Listed Date:
May 8, 2026
Total Sq Ft:
3,796
Lot Size:
7,656 sqft / 0.18 acres (approx)
Year Built:
1941
See this Listing
Schools
Interior
Laundry Features
IR
Exterior
Common Walls
_1CW
Community Features
SDW, SL
Garage Spaces
4
Parking Spots
4
Parking Total
4
Financial
Map
Community
- Address2316 Michigan Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 24, 2026
7,250
Single Family Listed
87
Avg DOM
427
Avg $ / SqFt
$1,675,906
Avg List Price
Property Summary
- 2316 Michigan Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90033. It is listed for $1,100,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1941. The average price per square foot for Single Family listings in Los Angeles is $427. The average listing price for Single Family in Los Angeles is $1,675,906.
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