Los Angeles, CA 90033 223 N Breed Street

223 N Breed Street Los Angeles, CA - Image 1223 N Breed Street Los Angeles, CA - Image 2223 N Breed Street Los Angeles, CA - Image 3
24 more
223 N Breed Street Los Angeles, CA - Image 4223 N Breed Street Los Angeles, CA - Image 5223 N Breed Street Los Angeles, CA - Image 6223 N Breed Street Los Angeles, CA - Image 7223 N Breed Street Los Angeles, CA - Image 8223 N Breed Street Los Angeles, CA - Image 9223 N Breed Street Los Angeles, CA - Image 10223 N Breed Street Los Angeles, CA - Image 11223 N Breed Street Los Angeles, CA - Image 12223 N Breed Street Los Angeles, CA - Image 13223 N Breed Street Los Angeles, CA - Image 14223 N Breed Street Los Angeles, CA - Image 15223 N Breed Street Los Angeles, CA - Image 16223 N Breed Street Los Angeles, CA - Image 17223 N Breed Street Los Angeles, CA - Image 18223 N Breed Street Los Angeles, CA - Image 19223 N Breed Street Los Angeles, CA - Image 20223 N Breed Street Los Angeles, CA - Image 21223 N Breed Street Los Angeles, CA - Image 22223 N Breed Street Los Angeles, CA - Image 23223 N Breed Street Los Angeles, CA - Image 24223 N Breed Street Los Angeles, CA - Image 25223 N Breed Street Los Angeles, CA - Image 26223 N Breed Street Los Angeles, CA - Image 27223 N Breed Street Los Angeles, CA - Image 28
Presented By: George Morales with Compass;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25580709
  • 08/20/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 12,064

Home Details

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.
Presented By: George Morales with Compass;

Interior Features for 223 N Breed Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories1

Other Rooms

Entry Level1

General for 223 N Breed Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate6.24
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsN State St, Turn left onto E Cesar E Chavez Ave, Turn right onto N Breed St.
DisclosuresRentControl
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet8132.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income199506.0
New ConstructionNo
Number Of Units Total32
PostalCityLOS ANGELES
Property Attached Y/NNo
Property TypeCommercialSale
Rent Control Y/NYes
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built1927
ZoningLAR4

Exterior for 223 N Breed Street

Building Area Total12064.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1867
Lot Size Area8132.0
Number of Buildings1
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,195,000
MLS#25580709
List Date 08/20/2025
Property Type Commercial
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 223 N Breed Street

Compare listings

Compare