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223 N Breed St
Los Angeles CA 90033 US

$2,795,000

Pending Listing ID 25580505
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32 bed
bath icon
32.00 Bath (32 Full)
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Lot: 0.19 Acres
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Other

$2,795,000

Pending Listing ID 25580505
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223 N Breed St 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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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 32
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2795000
  • unparsedaddress: 223 N Breed St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90033
  • bathroomsfull: 32
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1867
  • lotsizeunits: Acres
  • lotsizearea: 0.1867
  • livingarea: 12064
  • livingareaunits: Square Feet
  • latitude: 34.046335
  • longitude: -118.210003
  • listagentfullname: George Morales
  • listagentemail: georgemorales@compass.com
  • listagentkey: 3yd-CLAWCA-C125491
  • listagentmlsid: C125491
  • listagentpreferredphone: 3235788423
  • listagentofficephone: 3102305478
  • listofficekey: 3yd-CLAWCA-X81461
  • listagentstatelicense: 01984555
  • listofficemlsid: X81461
  • disclaimer: Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • yearbuilt: 1927
  • listingcontractdate: 2025-08-19
  • listagenturl: https://www.georgela.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5183-003-008
  • heating: Natural Gas
  • numberofunitstotal: 32
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 18, Bathroom 15, Bedroom 28, Bedroom 30, Bedroom 11, Bedroom 14, Bedroom 7, Bathroom 4, Bedroom 16, Bathroom 30, Bedroom 17, Bathroom 16, Bedroom 24, Bedroom 2, Bedroom 26, Bathroom 19, Bedroom 31, Bathroom 9, Bathroom 20, Bedroom 12, Bathroom 6, Bedroom 22, Bedroom 23, Bathroom 5, Bedroom 8, Bedroom 1, Bedroom 19, Bedroom 3, Bedroom 10, Bathroom 1, Bathroom 12, Bathroom 2, Bedroom 6, Bathroom 23, Bathroom 26, Bedroom 32, Bathroom 18, Bathroom 28, Bedroom 4, Bedroom 27, Bathroom 3, Bathroom 8, Bathroom 13, Bathroom 21, Bedroom 5, Bedroom 25, Bathroom 25, Bathroom 17, Bedroom 9, Bedroom 21, Bathroom 11, Bathroom 22, Bathroom 31, Bathroom 29, Bathroom 14, Bedroom 20, Bathroom 32, Bathroom 27, Bedroom 29, Bathroom 10, Bathroom 7, Bedroom 15, Bathroom 24, Bedroom 13
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.21001, 34.046333
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"georgemorales@compass.com", "ListBrokerageCity":"Los Angeles", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"90212", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"9454 Wilshire Blvd. #400", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"9454 Wilshire Blvd. Suite 400", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"X81461", "ListOfficeCity":"Beverly Hills", "ListOfficeCountry":"USA", "ListOfficeEmail":null, "ListOfficePostalCode":"90212", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Los Angeles, CA", "ListingURL":null, "MLSModificationTimestamp":"2026-01-13 18:43:06", "Neighborhoods":[{"Description":null, "Name":"Boyle Heights"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/14/2026 3:06:01 AM GMT
Source Updated Date: 1/14/2026 12:42:26 PM GMT

Courtesy of: George Morales, Compass, georgemorales@compass.com

Copyright © 2026 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.