Commercial: MLS #0025580709 Los Angeles, CA ^$ 2,795,000

Commercial: MLS #0025580709

^$ 2,795,000

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Commercial: MLS #0025580709

Name: address
Address: CA, 90033

Los Angeles, CA, 90033

^$ 2,795,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 17,209

Commercial Property for sale in Los Angeles, CA

for $2,795,000. This building was built in 1927.

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 Pending

Price

^$ 2,795,000

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025580709

Features

General

Zoning LAR4

Security Features Gated Community

Year Built 1927

County Los Angeles

Property Type F

Status Pending

City Los Angeles

MLS Area BOYH - Boyle Heights

Standard Status Pending

Exterior

Lot Size Area 8132.0

Land Lease Type Fee

Interior

Total Stories 1

Entry Level 1

Total Baths 0

* Excluded Features

List By

George Morales

Listing Agent

Compass

Broker

Affordability Calculator

$17,209

Per Month

Monthly Principal & Interest: $17,209
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$2,800,254

Percent of Sale Price 0%

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.

793437 Elementary School

793428 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
11/8/2025	$2,795,000	-12.52%	Price Down
8/20/2025	$3,195,000		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/27/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial: MLS #0025580709

Commercial Property for sale in Los Angeles, CA

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