223 N Breed Street Los Angeles, CA ^$ 2,795,000

223 N Breed Street

^$ 2,795,000

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223 N Breed Street

Los Angeles, CA, 90033

^$ 2,795,000

Bedrooms-- Baths-- Sq 12,064

Monthly Estimate*

^$ 17,437

Listed by Compass

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Commercial Property for sale in Los Angeles, CA

for $2,795,000. This 12,064 square foot building was built in 1927 on a lot size of 0.1867.

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.

Commercial Contingent

Price

^$ 2,795,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1867

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25580709

Days on Market

122

Features

General

Zoning LAR4

HOA Fee 0

Security Features Gated Community

Year Built 1927

Community Features Gated

County Los Angeles

Net Operating Income 199506

Property Type Commercial Sale

Special Listing Conditions Standard

Status Active Under Contract

Directions N State St Turn left onto E Cesar E Chavez Ave Turn right onto N Breed St.

City Los Angeles

Disclosures Rent Control

Number Of Units Total 32

MLS Area BOYH - Boyle Heights

Lot Size Units Square Feet

Lot Size Square Feet 8132

Rent Control Y/N true

Standard Status Active Under Contract

Cap Rate 7.14

Interior

Total Stories 1

Entry Level 1

Total Baths 0

Exterior

Total Parking 0

Lot Size Area 8132

Number of Buildings 1

Building Area Total 12064

Lot Size Acres 0.1867

* Excluded Features

List By

Compass

Broker

georgemorales@compass.com

Affordability Calculator

$17,437

Per Month

Monthly Principal & Interest: $17,437
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,718,109

Percent of Sale Price 3%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/21/2025	$2,795,000		Listed Price

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223 N Breed Street, Los Angeles, CA, 90033 is a Commercial Property for sale at $2,795,000 with 12,064 sqft and a lot size of 0.1867. 223 N Breed Street was built in 1927. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/18/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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223 N Breed Street

Commercial Property for sale in Los Angeles, CA

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