354 N Breed, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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354 N Breed
Los Angeles, California 90033
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
90,360Sq Ft
6,257Lot Size
Property Price
LIST PRICE$3,249,000
SUMMARY
This property is part of a portfolio that is available for purchase via online auction at FRE.com/580W. Please visit to learn more. Welcome to 354 N Breed St, an exceptional brand-new construction (Non-RSO) completed in 2024, offering a premier investment opportunity in the heart of Boyle Heights. This striking multi-unit development features three contemporary buildings, housing a total of six spacious units—350, 350 1/2, 352, 352 1/2, 354, and 354 1/2—all designed with modern elegance and tenant convenience in mind. Boasting an impressive projected rental income of $21,850.00 per month, this asset presents a lucrative opportunity for investors seeking strong cash flow and long-term appreciation. total current rental income (corp lessee) $21,850.00 per month, making it an excellent investment opportunity with strong cash flow potential. Unit 350 1/2 (Studio/1Bath) – $2,600.00 Unit 350 (2Bed/2Bath) – $2,800.00 Unit 352 (2Bed/2Bath) – $2,800.00 Unit 352 1/2 (3B/4B + 1 Den) – $4,550.00 Unit 354 1/2 (3B/4B + 1 Den) – $4,550.00 Unit 354 (3B/4B + 1 Den) – $4,550.00 Total Monthly Rental Income: $21,850.00 Total Annual Rental Income: $262,200.00
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new construction completed in 2024. The property features modern kitchens with stainless steel appliances, contemporary bathrooms with LED mirrors and walk-in showers, and new energy-efficient mini-split HVAC systems.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Non-RSO Status
As a 2024 completion, this property is exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for market-rate rent adjustments and significantly lower immediate maintenance costs.
- High Yield Income Potential
The property boasts an impressive projected gross annual income of $262,200, offering investors a strong cap rate and immediate high-volume cash flow in a growing submarket.
- Diverse Unit Composition
The mix of studio, 2-bedroom, and large 3-bedroom units with dens caters to a wide demographic of tenants, from single professionals to large families, ensuring broad market appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 90360, other record living area = 6257.
- High Density Lot Coverage
With six units across three buildings on a 6,257 square foot lot, the property features high density which likely results in limited outdoor common space and tight parking configurations.
- Premium Entry Point
The $3.3 million price point is at the higher end for the Boyle Heights area, potentially limiting the pool of buyers to seasoned investors and requiring a substantial down payment for favorable financing.
About 354 N Breed
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 2023
- Lot Size
- 6,257 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 90,360 | 2,090.331 |
| Lot Size | 6,257 | 5,852.908 |
| Price | $3.25M | $830.9K |
| Price per sq ft | $36 | $394 |
| Built year | 2023 | 1928 |
| HOA | $0 | $0 |
| Days on market | 114 | 87 |
Pricing History
Listed for Sale
Sep 23, 2026
$3,249,000
$3,300,000
-2% Price Drop
Initial Listing
Price Change
Jul 18, 2026
$3,300,000
Initial Listing
Sold
Aug 12, 2020
$510,000
Public Record