For sale
  • $3,195,000

    223 N Breed St, Los Angeles, CA 90033

    32beds
    0baths
    12,064sqft
    : 
    Multi Family
    Built in 1927
    -- sqft lot
    $3,083,300 Zestimate®
    $265/sqft
    $-- HOA

    What's special

    Private bathrooms
    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.
    71 days
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