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223 N Breed Street, Los Angeles, CA 90033
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$2,795,000
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Home Details for 223 N Breed Street
Price
$2,795,000
Type
other
Bedrooms
32
Year Build
1927
Sq. Ft.
12064
Lot Size
0.1867
County
Los Angeles
MLS®️ Listing#
25580505
On exitrealty.com
156 days
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 Courtesy: Compass - 310-230-5478. Presented by: George Morales and Subscriber Non
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-01-14 04:47:53 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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