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Brand-New Six-Unit Apartment Buildings
For Sale
$3,300,000

354 N Breed, Los Angeles, CA 90033

Non-RSO multifamily completed in 2024 with six units across three contemporary buildings.

Days on Market11

Property Features for 354 N Breed

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 6

Building Details

Year Built 2023
Tenancy Multi
Listing Agency: eXp Realty of Greater Los Angeles, Inc
Listed By: Steven Gray · License #02194905
Source: Elliman
Added: Jul 20 Changed: Jul 21 Last Checked: Jul 30 at 12:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Greater Los Angeles, Inc

Investment Insights

Based on property information with market context.

Completed in 2024, this non-RSO multifamily property includes three contemporary buildings with a total of six units located at 350, 350 1/2, 352, 352 1/2, 354, and 354 1/2 N Breed in Los Angeles. The unit mix ranges from a studio/1 bath to multiple 2 bed/2 bath and 3 bed/4 bath layouts with additional den space on several units.

Total current rental income (corp lessee) is listed at $21,850 per month, or $262,200 annually. The reported monthly rents are $2,600 for unit 350 1/2 (Studio/1 Bath), $2,800 for unit 350 (2 Bed/2 Bath), $2,800 for unit 352 (2 Bed/2 Bath), and $4,550 for each of units 352 1/2 (3B/4B + 1 Den), 354 1/2 (3B/4B + 1 Den), and 354 (3B/4B + 1 Den).

BikeScore is 62 and TransitScore is 68, with a WalkScore of 90, supporting convenient pedestrian and transit access.

Key Highlights

  • Brand‑new multifamily built in 2023 and completed in 2024 (Non‑RSO) at 354 N Breed St
  • 6 total units across three contemporary buildings: 350, 350 1/2, 352, 352 1/2, 354, and 354 1/2
  • Total projected rents $21,850/month and $262,200/year (corp lessee) based on listed unit rents

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
Multi-tenant
Tenancy

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 - Non-RSO multifamily completed in 2024 with six units across three contemporary buildings.
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 multifamily built in 2023 and completed in 2024 (Non‑RSO) at 354 N Breed St; 6 total units across three contemporary buildings: 350, 350 1/2, 352, 352 1/2, 354, and 354 1/2; Total projected rents $21,850/month and $262,200/year (corp lessee) based on listed unit rents
More about this property
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