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Brand-New Three-Building Multifamily
For Sale
$3,300,000

354 N Breed, Los Angeles, CA 90033

MULTI_FAMILY - Los Angeles, CA

Lot Size0.14 Acres
Days on Market16

Property Features for 354 N Breed

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 6, Bathroom 3, Laundry Room, Bathroom 5, Bedroom 1, Bathroom 2, Bedroom 6, Bathroom 7, Bedroom 5, Bathroom 1
Parking 6
Lot features 0-1 Unit/ Acre
Directions turn north on Breed st from east Cesar Chaves Ave
Subdivision BOYH - Boyle Heights
Standard status Active
APN 5175010011
Lot size 0.14 Acres

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless
Water source Public

Building Details

Year built 2023
Floors in Building 3
Number of units 6
Listing Agency: eXp Realty of Greater Los Angeles
Listed By: Steven Gray · License #02194905
Added: Jul 15 Changed: Jul 28 Last Checked: Jul 30 at 11:06PM
MLS# PW26156999

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

354 N Breed St presents a newly constructed, non-RSO multifamily asset completed in 2024. The property includes three separate contemporary buildings totaling six residential units: 350, 350 1/2, 352, 352 1/2, 354, and 354 1/2. Unit mix is listed as a studio/one bath at 350 1/2, with multiple 2-bedroom/2-bath and 3-bedroom/4-bath configurations across the remaining units, including several layouts that also feature a den.

The current total monthly rental income is stated at $21,850, with corresponding unit-level rents of $2,600 for 350 1/2; $2,800 for 350; $2,800 for 352; and $4,550 each for 352 1/2, 354 1/2, and 354. The remarks also report total annual rental income of $262,200.

Set up as a six-unit residential income property, this offering is positioned for investors seeking a brand-new construction apartment complex with existing lease income as summarized above.

Key Highlights

  • Brand‑new multi‑unit construction completed in 2024 (Non‑RSO) at 354 N Breed St
  • Three contemporary buildings with six total units: 350, 350 1/2, 352, 352 1/2, 354, and 354 1/2
  • Unit mix includes a studio/1 bath and multiple 2 bed/2 bath plus 3 bed/4 bath units with den

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

3,377
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly completed in 2024, this six-unit multifamily consists of three contemporary buildings on a single lot.
Where is this apartment building located?
The property is located at 354 N Breed Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Brand‑new multi‑unit construction completed in 2024 (Non‑RSO) at 354 N Breed St; Three contemporary buildings with six total units: 350, 350 1/2, 352, 352 1/2, 354, and 354 1/2; Unit mix includes a studio/1 bath and multiple 2 bed/2 bath plus 3 bed/4 bath units with den
More about this property
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