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Back 223 North Breed Street
Off Market

223 North Breed Street

Los Angeles CA 90033

32
12064 sq. ft.
8132 sq. ft.
Other
Last sold for $2,795,000
George MoralesGeorge Morales, last sold this property on 13 January 2026 after 146 days on market.

Overview

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.

Features

32 bedrooms
12064 sq. ft. floor area
8132 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 32 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 223 North Breed Street

2026
Sold
$2,795,000
13 Jan 2026 by George Morales, of Compass

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 32 bedroom other properties in Los Angeles

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