928 S Breed St - Apartments FOR SALE


Los Angeles, CA 90023- Boyle Heights
$1,195,000 USD
323-395-6485
928 S Breed St, Los Angeles, CA for Sale
$1,195,000 USD
Apartments - FOR SALE
1/67
null | 8.8% Cap Rate

928 S Breed St
Los Angeles, CA 90023
Boyle Heights


HIGHLIGHTS

  • Great Cap Rate
  • Gateway City
  • 1031 Exhange
  • Seller May Finance

OVERVIEW

Exceptional income property located in the culturally rich and high-demand neighborhood of Boyle Heights. This well- maintained asset features six fully detached units, each offering private yard space and a 1-car garage. The property is currently 100% tenant occupied, with long-term tenants in place, providing immediate and consistent rental income. Key Features: Cap Rate 8.8%, 6 Detached Residential Units, Each Unit Includes a 1-Car Garage, Private Yard Space for Each Unit, All Units in Good Condition, Separate Gas and Electric Meters, Stable, Long-Term Tenancy. Prime central location near Mariachi Plaza, Hollenbeck Park, LAC+USC Medical Center, and Bishop Mora Salesian High School. Easy access to the 5, 10, 60, and 101 freeways via the East LA Interchange makes commuting convenient for tenants. Great opportunity for both first-time and experienced investors looking to acquire a stable, low-maintenance property in a strong rental market. Please do not disturb tenants. Drive-by only. Interior showings with accepted offer.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$251 USD /SF

# OF UNITS

6

PRICE/UNIT

$199,167

CAP RATE

8.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R4-2, Los Angeles

APN/PARCEL ID

5189-006-023

ASK ABOUT THIS PROPERTY

Coral RomeroGood Opportunity homes & investmentsMore Info
323-395-6485

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Coral RomeroGood Opportunity homes & investmentsMore Info
323-395-6485

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.