223 N Breed Street, Los Angeles, CA 90033

Local realty services provided by:ERA Carlile Realty Group
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:42 day(s) ago
  • Updated:September 26, 2025 at 10:31 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
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