529 S Breed Street, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This Residential Income Duplex in Boyle Heights is a high-utility Asset listed at $795,000. While the $717,458 Fair Market Value provides a baseline estimate, the price reflects the rare 5-bedroom unit capacity and significant Value-Add Opportunity. Currently holding a Condition Rating of 5, the 1911 structure requires modernization to address deferred maintenance and maximize ROI. Located in the Los Angeles Unified district with a private Patio, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-capacity house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 529 S Breed Street Subject | $795,000* List Price | 0 | 0 | 2,974 | $241 | - |
A 2732 Malabar Street Sold | $678,800 | 0 | 0 | 2,272 | $299 | 1.0 mi |
B 2431 E 4th Active Under Contract | $850,000 List Price | 5 | 3 | 2,479 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
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 Both bathrooms are extremely outdated with old tile, vanities, and shower surrounds.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.
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.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,974 | 2,269 | 73% |
| Lot Size | 5,011 | 5,840 | 18% |
| Price | $795.0K | $775.0K | 55% |
| Price per sq ft | $267 | $380 | 18% |
| Built year | 1911 | 1924 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 204 | 18% |
Feb 2, 2026
$795,000
Initial Listing