223 N Breed Street, Los Angeles, CA 90033

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
#1#2#3
223 N Breed Street,Los Angeles, CA 90033
$3,195,000
  • 32 Beds
  • - Baths
  • 12,064 sq. ft.
  • Multi-family
  • Active
Listed by:george morales
Office:compass
MLS#:25580505
Source:CRMLS

Price summary

  • Price:$3,195,000
  • Price per sq. ft.:$264.84

About this home

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.

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Home facts

  • Year built:1927
  • Listing Id #:25580505
  • Added:1 day(s) ago
  • Updated:August 20, 2025 at 01:38 AM

Rooms and interior

  • Bedrooms:32
  • Living area:12,064 sq. ft.

Structure and exterior

  • Year built:1927
  • Building area:12,064 sq. ft.
  • Lot area:0.19 Acres

Finances and disclosures

  • Price:$3,195,000
  • Price per sq. ft.:$264.84
Based on information from California Regional Multiple Listing Service, Inc. as of August 20, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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