$1,100,000
2316 Michigan, Los Angeles CA 90033
Multi-Family (6 Units)
Property type
29 days
On market
$290
Price per sqft
4 cars
Garage
1941
Year built
7,656 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Cruz Zavala DRE #01240727 562-682-7005, HomeSmart Realty Group
Listing updated: May 8, 2026 at 07:38am.
Last checked: Jun 4, 2026 at 11:00am
Source: CRMLS #PW26100035
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,017 | $1,017 | $1,925 | Unfurnished |
| 1 | 1 | 1 | — | $923 | $923 | $1,925 | Unfurnished |
| 1 | 1 | 1 | — | $958 | $958 | $1,925 | Unfurnished |
| 1 | 1 | 1 | — | $940 | $940 | $1,925 | Unfurnished |
| 1 | 1 | 1 | — | $928 | $928 | $1,925 | Unfurnished |
| 1 | 1 | 1 | — | $1,046 | $1,046 | $1,925 | Unfurnished |
# of Buildings: 2
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Scheduled Income: $0
Operating Expense: $0
Net Operating Income: $0
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $442
Water / Sewer: $0
Interior
Laundry: Laundry Room
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5183005023
Additional Parcels: No
Tax Lot: 20
Tax Block: 60
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 2316 Michigan, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$880,000
Total Interest
$1,122,391
Total Payment
$2,002,391
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,858
per month
Property History for 2316 Michigan
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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