Boyle Heights Six-Unit Investment
For Sale
$1,100,000
2316 Michigan, Los Angeles, CA 90033
Six upgraded one-bedroom units in prime Boyle Heights location.
Property Size3,796 SF
Days on Market190
Property Features for 2316 Michigan
General Information
Standard status
Active
Size
3,796 SF
Property subtype
Apartment
Building Details
Building Size
3,796 SF
Year Built
1941
Listing Agency:
HomeSmart Realty Group
Listed By:
Cruz Zavala · License #01240727
(562) 682-7005
Source:
Milsteinestates
Added: Mar 27
Changed: Sep 30
Last Checked: Oct 1 at 4:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Realty Group
Investment Insights
Based on property information with market context.
This property features six one-bedroom units located in Boyle Heights, a centrally located and rapidly growing community of Los Angeles. The property is situated minutes from Downtown Los Angeles, with convenient access to restaurants, shopping, entertainment, and major freeways. The units have been upgraded, with new electrical, plumbing, roofing, and water heaters. A new exterior paint job has also been completed. Each unit includes a private in-unit laundry room, two separate entrances (front and rear), an alarm system, and direct access to the garage and parking. The property includes three two-car garages, providing one garage space per unit, plus additional parking. Freeway access is available via the I-5, I-10, and I-101, providing access to Downtown Los Angeles and surrounding areas. The property offers future development potential with the ability to build three ADU (additional units). One-bedroom units are highly sought after in this location, supporting strong rental demand. This property is suited for owner-users, small investors, or those seeking long-term appreciation in a growing Los Angeles neighborhood.
Key Highlights
- Six one‑bedroom units in a prime Boyle Heights location.
- Significant upgrades completed: new electrical, plumbing, roofing, water heaters, and exterior paint.
- Each unit features private in‑unit laundry, two entrances, alarm system, and direct garage access.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,228
Businesses Nearby
Explore this area
Business Placement
Demographics for 90033, CA
46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six upgraded one-bedroom units in prime Boyle Heights location.
Where is this apartment building located?
The property is located at 2316 Michigan Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Six one‑bedroom units in a prime Boyle Heights location.; Significant upgrades completed: new electrical, plumbing, roofing, water heaters, and exterior paint.; Each unit features private in‑unit laundry, two entrances, alarm system, and direct garage access.
