223 N Breed Street
Los Angeles, CA, 90033
$3,195,000
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$3,195,000
223 N Breed Street
Los Angeles, CA, 90033
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.

Property Details

Price:
$3,195,000
MLS #:
25580709
Status:
Active
Baths:
0
Address:
223 N Breed Street
Type:
Commercial
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Aug 19, 2025
State:
CA
ZIP:
90033
Year Built:
1927

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223 N Breed Street
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