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223 N Breed St
Los Angeles CA 90033 US

$3,195,000

Active Listing ID 25580505
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32 bed
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Lot: 0.19 Acres
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Other

$3,195,000

Active 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
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 3195000
  • unparsedaddress: 223 N Breed St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90033
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1867
  • lotsizeunits: Acres
  • lotsizearea: 0.1867
  • livingarea: 12064
  • livingareaunits: Square Feet
  • listagentfullname: George Morales
  • listagentemail: georgemorales@compass.com
  • listagentkey: 3yd-CLAWCA-C125491
  • listagentmlsid: C125491
  • listagentpreferredphone: 3102305478
  • listagentofficephone: 3102305478
  • listofficekey: 3yd-CLAWCA-X81461
  • listofficemlsid: X81461
  • disclaimer: Copyright © 2025 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.compass.com/
  • countyorparish: Los Angeles
  • parcelnumber: 5183-003-008
  • heating: Natural Gas
  • numberofunitstotal: 32
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":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.", "ListOfficeAddress2":"Suite 400", "ListOfficeBrokerMlsId":"X71023", "ListOfficeCity":"Beverly Hills", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"90212", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/223-N-Breed-St_Los-Angeles_CA_90033_M20284-56071?f=listhub&s=CLAWCA&m=25580505&c=rexren", "MLSModificationTimestamp":"2025-08-22T15:48:46Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/17/2025 12:31:39 AM GMT
Source Updated Date: 12/6/2025 6:41:39 AM GMT

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

Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.