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

223 North Breed Street

^$ 2,795,000

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223 North Breed Street

Los Angeles, CA, 90033

^$ 2,795,000

Studio Baths0.0 Sq 12,064

Monthly Estimate*

^$ 17,209

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,795,000. This 12,064 square foot home was built in 1927 on a lot size of 0.19.

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.

Multi-Family Pending

Price

^$ 2,795,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025580505

Features

General

Living Area 12064.0

Sewer None

Zoning LAR4

Year Built 1927

Levels Two

County Los Angeles

Net Operating Income 199506.0

New Construction No

Property Type C

HOA No

Status Pending

City Los Angeles

Senior Community Y/N No

MLS Area BOYH - Boyle Heights

Lot Size Units Square Feet

Lot Size Square Feet 8132.0

Property Attached Y/N Yes

Standard Status Pending

Exterior

Lot Size Area 8132.0

Foundation Details None

Pool Y/N? Yes

Building Area Total 12064.0

Lot Size Acres 0.19

Land Lease Type Fee

Interior

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N No

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

Multi-family listings in Los Angeles, CA

Average List Price ^$1,865,891

Percent of Sale Price 33%

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

See complete school information

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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223 North Breed Street, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $2,795,000 with 12,064 sqft and a lot size of 0.19. 223 North Breed Street is a studio with 0.0 baths and 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 6.25% 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 12/26/2025. 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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223 North Breed Street

Multi-Family Home for sale in Los Angeles, CA

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