Los Angeles, CA 90033,223 N Breed St
Los Angeles, CA 90033,223 N Breed St
Los Angeles, CA 90033,223 N Breed St
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$3,195,000
Est. payment /mo
32 Beds
12,064 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,064 sqft

Price per Sqft $264

MLS Listing ID 25580505

Bedrooms 32

Year Built 1927

Lot Size 8,132 Sqft

Acres 0.1867

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Equipment None

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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