2316 Michigan Unit 6Los Angeles, CA 90033

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.

Property Information

Property type

Residential Income

Sub-type

Apartment

Year built

1941

Stories

2

Building area

3,796 Sq Ft

Lot size

0.18 acres

Garage spaces

6

Parking spaces

6

Days on market

84

MLS^® Listing#

PW26159157

Property Features

Cooling

Wall/Window Unit(s)

Heating

Wall Furnace

Fireplace

None

Pool

None

Parking

Direct Access · Garage

Laundry

Inside · Laundry Room

Fencing

Wire

Roof

Shingle

Community

Sidewalks

Utilities

None

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

5183005023

Directions

Soto