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For sale
  • Listed by: HomeSmart Realty Group • Cruz Zavala • Contact: 562-682-7005
    $1,100,000

    2316 Michigan Ave, Los Angeles, CA 90033

    6beds
    6baths
    3,796sqft
    : 
    $7,120/mo
    Get pre-qualified
    Multi Family
    Built in 1941
    -- sqft lot
    $1,085,600 Zestimate®
    $290/sqft
    $-- HOA

    What's special

    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.
    32 days
    262
    16

    Zillow last checked:

    Listing updated:

    Listed by:

    Cruz Zavala DRE #01240727 562-682-7005,

    HomeSmart Realty Group,

    Listing Team: Team Daniele

    Source: CRMLS,MLS#: PW26159157MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Inside, Laundry Room
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 3,796
      • Total interior livable area: 3,796 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Direct Access, Garage
      • Garage spaces: 6
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      • Spa features: None
      • Fencing: Wire
      Lot
      • Size: 7,656 Square Feet
      • Features: 6-10 Units/Acre
      Details
      • Parcel number: 5183005023
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1941

      Utilities & green energy

      • Electric: 220 Volts in Laundry
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: None

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $290/sqft
      • Date on market: 8/7/2026
      • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan
      • Tenant pays: All Utilities

        Estimated market value

        $1,085,600

        $1.03M - $1.14M

        $2,919/mo

        Price history

        DateEventPrice
        8/7/2026Price change$1,100,000+2.8%$290/sqft
        Source: CRMLS #PW26159157 Report a problem
        8/25/2022Price change$1,070,000-10.8%$282/sqft
        Source: CLAW #22-148367 Report a problem
        4/21/2022Listed for sale$1,199,000$316/sqft
        Source: CLAW #22-148367 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Boyle Heights

        Getting around

        92 / 100
        Walker's Paradise
        73 / 100
        Excellent Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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