354 N Breed, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
Analysis of 354 N Breed, Los Angeles, California 90033 is currently available with a list price of $3,300,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
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.
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.
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.
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.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 90360, other record living area = 6257.
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.
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.
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
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 90,360 | 2,250 |
| Lot Size | 6,257 | 5,864 |
| Price | $3.30M | $826.7K |
| Price per sq ft | $37 | $395 |
| Built year | 2023 | 1925 |
| HOA | $0 | $0 |
| Days on market | 4 | 83 |
Jul 18, 2026
$3,300,000
Initial Listing
Aug 12, 2020
$510,000
Public Record