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Sold for $1,597,500 on 08/01/23
  • Listing Provided by: 

    Amparo Gastelum DRE #01701696 562-445-7375,

    Max Real Estate,

    Co-Listing Agent: Jessica Gastelum DRE #02010148 562-507-7549,

    Max Real Estate

    Bought with: Liberty Investment Group
    $1,597,500

    118 N Breed St, Los Angeles, CA 90033

    20beds
    10baths
    5,934sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,716,600 Zestimate®
    $269/sqft
    $2,927 Estimated rent

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    $2,927/mo

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    $2,927/mo

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    $9,947/mo

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    $9,947/mo

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    What's special

    All roads lead to Boyle Heights. An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 18-unit multi parcel investment income property with parking that was built in 1959 is now on the market for the first time in 50 years. Located only 3 miles east of Downtown and 3 miles to Los Angeles with easy accesses to major freeways such as the 5 and 10 and 101. Boyle Heights' mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renters' desire to live with the community being 75% of residents are renters. All schools Breed st elementary, Hollenbeck middle and Rosevelt High School are within walking distance as are major parks Ross Valencia Community Park and Historical Hollenbeck Park. The signs of gentrification are clear as new developments and companies moving into the area, Boyle Heights.118 & 120-122 N Breed St is a 2 parcel 3 building 18-unit property with ample parking. With a mix consisting of 118 N Breed St Is 10 units 2-bedroom 1 bath each. 120 N Breed St is a 4-unit 2-bedroom 1 bath each.122 N Breed St is 4 units 3-bedroom 1 bath each. Total of 40 bedrooms 18 bath, This amazing opportunity very close to Metro, Bus within walking distance. Police station and fire department walking distance. Metro connects to Los Angeles and many other cities. USC Medical Center only (1.3 mi) White Memorial Hospital only (0.8 mi).

    Zillow last checked: 8 hours ago

    Listing updated: August 16, 2023 at 01:46pm

    Listing Provided by:

    Amparo Gastelum DRE #01701696 562-445-7375,

    Max Real Estate,

    Co-Listing Agent: Jessica Gastelum DRE #02010148 562-507-7549,

    Max Real Estate

    Bought with:

    Carlos Estrada, DRE #01413560

    Liberty Investment Group

    Mike Iryami, DRE #01825516

    BRC Advisors- BH

    Source: CRMLS,MLS#: DW22182855MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 10
    Heating
    • Floor Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,934
    • Total interior livable area: 5,934 sqft

    Property

    Features
    • Pool features: None
    Lot
    • Size: 8,309 sqft
    • Features: 36-40 Units/Acre
    Details
    • Parcel number: 5183005011
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Park, Street Lights
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Conventional
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    Estimated market value
    $1,716,600