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Four-Unit Multifamily Property
For Sale
$995,000

608 N Breed ST, Los Angeles, CA 90033

Unit mix includes a four-bedroom front house and two tenant-ready residences.

Property Size3,330 SF
Lot Size0.19 Acres
Days on Market9

Property Features for 608 N Breed ST

General Information

Standard status Active
Size 3,330 SF
Net Rentable 3,330 SF
Total Parking Spaces 4
Lot size 0.19 Acres
Property subtype Apartment

Financials

Asking Price $995,000
Cap Rate 8.18%
Gross Rent Multiplier 8.58

Units

Unit Mix 1 x 1+1, 2 x 2+1, 1 x 4+1
Multifamily Units 4

Additional Details

Public Transit Yes

Building Details

Building Size 3,330 SF
Year Built 1908
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Aaron Jacobson · License #02100737
Source: Milsteinestates
Added: Aug 17 Changed: Aug 20 Last Checked: Aug 24 at 12:45PM

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 Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains approximately 3,330 SF of rentable building area on an approximately 8,250 SF lot. The configuration includes one 1+1 unit, two 2+1 units, and a 4 Bed/1 Bath front house. Four on-site parking spaces serve the property, while two units are expected to be delivered tenant ready.

Located at 608 N Breed St in Boyle Heights, the property offers access to Downtown Los Angeles, employment centers, retail, dining, and public transportation. The front house creates an owner-user option while the remaining units provide rental income. Residential financing is available, and the reported 8.18% cap rate, 8.58 GRM, and 13.66% increase in scheduled income reflect the current operating profile and projected lease-up opportunity.

Key Highlights

  • Four‑unit multifamily property at 608 N Breed St, Los Angeles, CA 90033
  • Approximately 3,330 SF of rentable building area on an approximately 8,250 SF lot
  • Unit mix includes (1) 1+1, (2) 2+1, and (1) 4+1 units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Carpet & Flooring Store Electrical Service Acupuncture (Bike/Boat/Book/etc) Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,769
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Unit mix includes a four-bedroom front house and two tenant-ready residences.
Where is this quadplex located?
The property is located at 608 N Breed ST Los Angeles, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Four‑unit multifamily property at 608 N Breed St, Los Angeles, CA 90033; Approximately 3,330 SF of rentable building area on an approximately 8,250 SF lot; Unit mix includes (1) 1+1, (2) 2+1, and (1) 4+1 units
More about this property
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