529 S Breed Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
529 S Breed Street
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 529 S Breed Street, Los Angeles, California 90033 is currently available with a list price of $795,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1911, this property shows significant age and deferred maintenance. The kitchen features very dated wood cabinets, tile countertops, and older appliances, requiring a full renovation. Both bathrooms are extremely outdated with old tile, vanities, and shower surrounds. Carpets throughout the living areas and bedrooms are heavily worn and stained, needing replacement. While livable, the property requires substantial repairs and rehabilitation to modernize and address potential issues with major systems given its age.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
This duplex offers immediate rental income from a long-term tenant in Unit 1 and flexibility for owner-occupancy, multi-generational living, or market-rate rental in the vacant Unit 2, appealing to both investors and owner-occupants.
- Prime Location
Situated in the highly sought-after and rapidly evolving Boyle Heights neighborhood, the property benefits from strong rental demand and excellent proximity to Downtown LA, freeways, public transit, dining, and cultural amenities.
- High Bedroom Count
With a 3-bedroom unit and a spacious 5-bedroom unit, the property boasts excellent bedroom counts, catering to larger families or multiple tenants, which enhances its rental appeal and market value.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1911, the property is over a century old, which may indicate the need for significant updates to plumbing, electrical, and other systems, potentially leading to higher maintenance and renovation costs.
- Unspecified Condition/Renovation Needs
While 'value-add improvements' are mentioned as potential, the description does not detail the current condition or any recent renovations, suggesting that substantial investment may be required to modernize the units and maximize rental income.
- Tenant Status in Unit 1
Unit 1 is occupied by long-term tenants, which, while providing stable income, could mean current rents are below market rates, and navigating tenant relations or potential rent adjustments might present challenges.
About 529 S Breed Street
Rare Duplex Opportunity in the Heart of Boyle Heights Excellent opportunity to acquire a versatile two-unit property in the highly sought-after Boyle Heights neighborhood. This well-configured duplex offers a strong blend of immediate rental income and future owner-occupant potential. Unit 1 is a 3-bedroom, 1-bath residence currently occupied by long-term tenants, providing stable income from day one — ideal for investors seeking cash flow. Unit 2 is a spacious 5-bedroom, 2-bath unit that will be available for immediate occupancy at close of escrow, making it perfect for an owner-occupant, multi-generational living, or an investor looking to maximize rental income at market rates. The property features generous layouts, excellent bedroom counts, and strong rental demand in an area known for its proximity to Downtown LA, freeways, public transit, dining, and cultural amenities. With upside potential through rent increases, value-add improvements, or owner occupancy, this is a rare chance to secure a flexible income property in a rapidly evolving neighborhood.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1911
- Lot Size
- 5,011 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,974 | 2,272 | 62% |
| Lot Size | 5,011 | 5,849 | 15% |
| Price | $795.0K | $795.0K | 50% |
| Price per sq ft | $267 | $377 | 31% |
| Built year | 1911 | 1925 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 211 | 8% |
Pricing History
Listed for Sale
Feb 2, 2026
$795,000
Initial Listing