223 N Breed St, Los Angeles, CA 90033

$2,795,000
32
BD
12,064
SqFt

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Sold Price
$2,795,000
List Price
$2,795,000
Closing Date
Jan 13, 2026
MLS#
25580505
Year Built
1927
Bedrooms
32
Living Sq. Ft
12,064
Lot Size
8,132
Days on Market
93
Property Type
Multifamily
Stories
2

Property 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.

Additional Information

Other Buildings
None
Heat
Wall Gas
Cooling
None
Number of Cars in Garage
None

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Courtesy of Compass, George Morales - CA DRE#01984555 Selling Office: .

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