$2,795,000

223 N Breed Street, Los Angeles, CA 90033

  • 32 beds
  • 12,064 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon8,133sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $232/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

223 N. Breed Street offers investors a rare value-add opportunity with rents positioned well below market, presenting an estimated 62% income growth potential in a high-demand, densely populated area. Located in vibrant Boyle Heights, the property provides quick access to Downtown Los Angeles, East L.A., Monterey Park, and the Arts District, with convenient Metro Gold Line access at Mariachi Plaza. The neighborhood is known for its diverse dining, nightlife, and cultural attractions. Highlights: 32 units: 8 studios + 24 efficiencies, All units include private bathrooms, 7 units delivered vacant for immediate renovation/repositioning, Significant upside through renovations, leasing strategies, and tenant turnover. With its central location, below-market rents, and strong value-add potential, 223 N. Breed Street is a compelling multifamily investment opportunity.

Listing Status:
Active
Date Added:
August 19, 2025 at 05:00AM
Listing Office:
Compass : 310-230-5478
Listing Agent:
George Morales : 323-578-8423
MLS ID:
25580505
  • A/C: None
  • Parking: Parking spaces: 0
  • General: 2
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR45183003008
  • Source: CRMLS_CL

This listing courtesy of George Morales, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sheridan Street Elementary School

416 Cornwell St, Los Angeles, CA, 90033

Grades PK-6

0.30 miles away

H

Hollenbeck Middle School

2510 E 6th St, Los Angeles, CA, 90023

Grades 6-8

0.68 miles away

M

Math, Science, & Technology Magnet Academy at Roosevelt High School

456 S Mathews St, Los Angeles, CA, 90033

Grades 9-12

0.55 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.