608 N Breed ST Los Angeles, CA 90033
8,250 Sqft Lot
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26180245
HOA Y/N No
Year Built 1908
Lot Size 8,250 Sqft
Property Sub-Type Apartment
Property Description
Originally built in 1923, the property consists of approximately 3,330 SF of rentable building area on a generous 8,250 SF lot, approximately $299/SF. The unit mix includes (1) 1+1, (2) 2+1, and (1) 4+1 units, along with four on-site parking spaces. With two tenant ready units, a large lot, functional unit mix, and strong owner-user component, the property offers a unique combination of immediate flexibility and long-term rental upside. Pro forma rents reflect a 13.66% increase in scheduled income, providing a clear path to improving cash flow.
Situated in the heart of Boyle Heights, 608 N Breed St benefits from convenient access to Downtown Los Angeles, major employment centers, retail, dining, and public transportation. The property's location makes this a compelling opportunity for an investor or owner-user looking to acquire a well-located multifamily property with room to add value.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Suburban, Sidewalks, Urban
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5175004016
Acceptable Financing Cash, Cash to New Loan, Conventional, Contract
Listing Terms Cash, Cash to New Loan, Conventional, Contract
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
Lisa Bethel
Advisor | Accredited Buyer's Representative | Seniors Real Estate Specialist® License ID: 02046953