USACALos Angeles608 N Breed St
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New
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$995,000

For Sale

10 hours ago

608 N Breed St, Los Angeles, CA

Condo

MLS® SB26180245

0 Bed

0 Bath

--

4 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1908
MLS® Number SB26180245

Property Address: 608 N Breed St, LOS ANGELES, CA, 90033-1909

Average square foot calculated using Size range provided by listing agent.

Description

8.18% Cap Rate at Lease Up! 608 N Breed St presents a rare opportunity to acquire a 4-unit multifamily property in prime Boyle Heights, offered at $995, 000, reflecting an 8.18% current cap rate and an 8.58 GRM. Two of the four units will be delivered tenant ready, creating immediate flexibility for a new owner to renovate, reposition, and capture higher rents. The property also features a highly desirable 4 Bed/1 Bath front house, making it an excellent option for an owner-user looking to live in a spacious home while generating rental income from the remaining units. Residential financing is available, further expanding the pool of potential buyers. 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.
MLS® NumberSB26180245
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1908
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 17, 2026List Date
$995,000List Price
  • Commute

Commute

Starting Address
Destination Address
608 N Breed St, Los Angeles, CA

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