Sold

122 N Breed Street

Los Angeles CA, 90033

$1,597,500


$221.02 per sqft

Sold

7,228 sqft

Condo

Built in 1959

Listed by Amparo Gastelum with Max Real Estate 562-445-7375

All roads lead to Boyle Heights. An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 18-unit multi parcel investment income property with parking that was built in 1959 is now on the market for the first time in 50 years. Located only 3 miles east of Downtown and 3 miles to Los Angeles with easy accesses to major freeways such as the 5 and 10 and 101. Boyle Heights' mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renters' desire to live with the community being 75% of residents are renters. All schools Breed st elementary, Hollenbeck middle and Rosevelt High School are within walking distance as are major parks Ross Valencia Community Park and Historical Hollenbeck Park. The signs of gentrification are clear as new developments and companies moving into the area, Boyle Heights.118 & 120-122 N Breed St is a 2 parcel 3 building 18-unit property with ample parking. With a mix consisting of 118 N Breed St Is 10 units 2-bedroom 1 bath each. 120 N Breed St is a 4-unit 2-bedroom 1 bath each.122 N Breed St is 4 units 3-bedroom 1 bath each. Total of 40 bedrooms 18 bath, This amazing opportunity very close to Metro, Bus within walking distance. Police station and fire department walking distance. Metro connects to Los Angeles and many other cities. USC Medical Center only (1.3 mi) White Memorial Hospital only (0.8 mi).

DW22183109

MLS ID

August 18, 2022

Listed

March 23, 2024

Updated

Map

122 N Breed Street
Los Angeles CA, 90033

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

Yes


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.19 Acres


Lot Features

26-30 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

BOYH - Boyle Heights


Days on Market

277


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

R4


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

8/7/2023

Price Change

$1,597,500

-14%

8/7/2023

Sold

$1,597,500

6/13/2023

Pending

Listing Contact: 562-445-7375 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:22 AM UTC

 

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