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For sale
  • $3,195,000

    223 N Breed St, Los Angeles, CA 90033

    32beds
    0baths
    12,064sqft
    : 
    Multi Family
    Built in 1927
    -- sqft lot
    $-- 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.
    3 days
    on Zillow
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    17
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    1
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    Zillow last checked: 7 hours ago

    Listing updated: August 22, 2025 at 08:51am

    Listed by:

    George Morales DRE # 01984555 323-578-8423,

    Compass 310-230-5478,

    Subscriber Non DRE # 13252 111-111-1111,

    Non-Participant Office

    Source: CLAW,MLS#: 25580505MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 223 N Breed St.

    Next available tour time:Today at 2:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 32
    • Bathrooms: 0
    Heating
    • Wall Gas
    Cooling
    • None
    Interior area
    • Total structure area: 12,064
    • Total interior livable area: 12,064 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 8,132.65 Square Feet
    Details
    • Additional structures: None
    • Zoning: LAR4
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1927

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $528,742
    • Date on market: 8/19/2025
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