Property Detail

223 Breed

Los Angeles CA 90033

$3,195,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of George Morales of Compass. Last updated 2025-08-21 08:11:41.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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