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118 N Breed Street

Los Angeles, CA 90033
  • $1,850,000
  • STATUS: ACTIVE
  • ON SITE: 218 Days
  • ID#: DW22182855
UPDATED: 34 min ago
$1,850,000
  • 2
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

All roads lead to Boyle Heights. An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 18-unit multi parcel investment income property with parking that was built in 1959 is now on the market for the first time in 50 years. Located only 3 miles east of Downtown and 3 miles to Los Angeles with easy accesses to major freeways such as the 5 and 10 and 101. Boyle Heights' mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renters' desire to live with the community being 75% of residents are renters. All schools Breed st elementary, Hollenbeck middle and Rosevelt High School are within walking distance as are major parks Ross Valencia Community Park and Historical Hollenbeck Park. The signs of gentrification are clear as new developments and companies moving into the area, Boyle Heights.118 & 120-122 N Breed St is a 2 parcel 3 building 18-unit property with ample parking. With a mix consisting of 118 N Breed St Is 10 units 2-bedroom 1 bath each. 120 N Breed St is a 4-unit 2-bedroom 1 bath each.122 N Breed St is 4 units 3-bedroom 1 bath each. Total of 40 bedrooms 18 bath, This amazing opportunity very close to Metro, Bus within walking distance. Police station and fire department walking distance. Metro connects to Los Angeles and many other cities. USC Medical Center only (1.3 mi) White Memorial Hospital only (0.8 mi). All roads lead to Boyle Heights. An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 18-unit multi parcel investment income property with parking that was built in 1959 is now on the market for the first time in 50 years. Located only 3 miles east of Downtown and 3 miles to Los Angeles with easy accesses to major freeways such as the 5 and 10 and 101. Boyle Heights' mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renters' desire to live with the community being 75% of residents are renters. All schools Breed st elementary, Hollenbeck middle and Rosevelt High School are within walking distance as are major parks Ross Valencia Community Park and Historical Hollenbeck Park. The signs of gentrification are clear as new developments and companies moving into the area, Boyle Heights.118 & 120-122 N Breed St is a 2 parcel 3 building 18-unit property with ample parking. With a mix consisting of 118 N Breed St Is 10 units 2-bedroom 1 bath each. 120 N Breed St is a 4-unit 2-bedroom 1 bath each.122 N Breed St is 4 units 3-bedroom 1 bath each. Total of 40 bedrooms 18 bath, This amazing opportunity very close to Metro, Bus within walking distance. Police station and fire department walking distance. Metro connects to Los Angeles and many other cities. USC Medical Center only (1.3 mi) White Memorial Hospital only (0.8 mi).

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
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118 N Breed Street Los Angeles, CA 90033

  • Price: $1,850,000
  • Status: ACTIVE
  • On Site: 218 Days
  • Updated: 34 min ago
  • ID#: DW22182855
2
Beds
0
Baths
0
½ Baths
0.19
Acres
Neighborhood:
Los Angeles (90033)
County:
Los Angeles
Area:
Los Angeles (90033)
Property Description
All roads lead to Boyle Heights. An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 18-unit multi parcel investment income property with parking that was built in 1959 is now on the market for the first time in 50 years. Located only 3 miles east of Downtown and 3 miles to Los Angeles with easy accesses to major freeways such as the 5 and 10 and 101. Boyle Heights' mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renters' desire to live with the community being 75% of residents are renters. All schools Breed st elementary, Hollenbeck middle and Rosevelt High School are within walking distance as are major parks Ross Valencia Community Park and Historical Hollenbeck Park. The signs of gentrification are clear as new developments and companies moving into the area, Boyle Heights.118 & 120-122 N Breed St is a 2 parcel 3 building 18-unit property with ample parking. With a mix consisting of 118 N Breed St Is 10 units 2-bedroom 1 bath each. 120 N Breed St is a 4-unit 2-bedroom 1 bath each.122 N Breed St is 4 units 3-bedroom 1 bath each. Total of 40 bedrooms 18 bath, This amazing opportunity very close to Metro, Bus within walking distance. Police station and fire department walking distance. Metro connects to Los Angeles and many other cities. USC Medical Center only (1.3 mi) White Memorial Hospital only (0.8 mi). All roads lead to Boyle Heights. An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 18-unit multi parcel investment income property with parking that was built in 1959 is now on the market for the first time in 50 years. Located only 3 miles east of Downtown and 3 miles to Los Angeles with easy accesses to major freeways such as the 5 and 10 and 101. Boyle Heights' mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renters' desire to live with the community being 75% of residents are renters. All schools Breed st elementary, Hollenbeck middle and Rosevelt High School are within walking distance as are major parks Ross Valencia Community Park and Historical Hollenbeck Park. The signs of gentrification are clear as new developments and companies moving into the area, Boyle Heights.118 & 120-122 N Breed St is a 2 parcel 3 building 18-unit property with ample parking. With a mix consisting of 118 N Breed St Is 10 units 2-bedroom 1 bath each. 120 N Breed St is a 4-unit 2-bedroom 1 bath each.122 N Breed St is 4 units 3-bedroom 1 bath each. Total of 40 bedrooms 18 bath, This amazing opportunity very close to Metro, Bus within walking distance. Police station and fire department walking distance. Metro connects to Los Angeles and many other cities. USC Medical Center only (1.3 mi) White Memorial Hospital only (0.8 mi).
Exterior Features

Pool N/K

Interior Features

Cooling N/K Heat Equipment Floor Furnace Total Baths Unit1 1

Property Features

Annual Expense Actual 23000 Buildings 1 Cfd Mello Roos Fee 1017.5 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 133344 Monthly Total Fees 84 Terms CashConventional Unit Number For Unit1 1 Unit1 Rent Actual 1112.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Max Real Estate: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128