104 S Breed St, Los Angeles, CA 90033
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104 S Breed St Los Angeles, CA 90033

$1,799,000
  • 428 Beds
  • 428 Baths
  • 6,840 Sq.Ft.
For Sale
$1,799,000 Get Pre-Qualified

Map preview of 104 S Breed St, Los Angeles, CA 90033

Property Overview: 104 S Breed St Los Angeles, CA has 428 bedrooms, 428 bathrooms, 6,840 living square feet and 6,536 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to a rare gem nestled in the historic heart of Boyle Heights, Los Angeles. This mixed-use property offers a unique investment opportunity at the vibrant intersection of 1st Street and Breed Street, directly accessible from the Soto Station's Gold Line. Linking Boyle Heights to iconic neighborhoods like Arts District, Chinatown, Highland Park, and Pasadena, this location boasts unparalleled connectivity and accessibility. Comprising three retail spaces—a market, a beauty salon, and a charming eatery—alongside four cozy apartments, each featuring 1 bedroom and 1 bathroom, this property spans 6,840 square feet. Positioned on a generous 6,536 square feet corner lot, zoned LAC2, the potential for development or enhancement is immense. Boyle Heights is experiencing a resurgence, fueled by its strategic position bridging Los Angeles's Eastside and Downtown areas. The existing four-plex and trio of commercial storefronts generate steady income, presenting a solid foundation for future upgrades or construction projects. Investigate the details and permits in tandem with the Boyle Heights Community Plan, designed to foster growth and diversity around transit hubs, supporting local businesses and enhancing public spaces. This is not merely an investment opportunity; it's a chance to become part of Boyle Heights' rich tapestry, steeped in residential charm and cultural significance. Family-owned for generations, this property carries with it a legacy of community stewardship and potential for transformation. Whether you seek to invest, occupy, or embark on a mixed-use development journey, this is your invitation to join the heartbeat of one of Los Angeles's most notable neighborhoods.

Listed by James Pearson | BRE #00817566 | Berkshire Hathaway HomeServices California Properties
Co-listed by Shawn Cusack | BRE #02031885 | Berkshire Hathaway HomeServices California Properties
Last checked: 7 minutes ago | Last updated: May 24th, 2024 | Source CRMLS | DOM: 75
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Home details

Lot Sq. Ft
6,536
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
SR24074156
City
Los Angeles
County
Los Angeles
Time on Site
35 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7334
  • Total # of Buildings: 4
  • # of Leased Units: 3
Unit Breakdown 1
  • # of Units: 104
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $568
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 106
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $919
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 108
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $919
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 110
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 2300
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,361
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 2302
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $983
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 2304
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,250
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.73%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $93,248
  • Net Operating Income: $62,930
  • Gross Operating Income: --
  • Laundry Income: $0
  • Other Income 1: $0
Annual Expense Breakdown
  • Total Operating Expense: $30,318
  • Insurance: $13,662
  • Maintenance: $3,785
  • Water/Sewer: $8,005

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Property Details for 104 S Breed St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Rectangular Lot, Level, Value In Land, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 7334
  • Parcel Number: 5183009022
  • Year Built Source: Assessor
  • Entry Level: 2
  • Offered With Property: All owned to operate said building
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Directions: Corner of 1st St and S Breed
View more facts & features

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Sale History for 104 S Breed St

Last sold on May 4th, 2001
  • April, 2024

  • Apr 14, 2024

    Date

    Active

    CRMLS: SR24074156

    $1,799,000

    Price

  • October, 2023

  • Oct 1, 2023

    Date

    Expired

    CRMLS: SR23052707

    $1,988,000

    Price

  • Apr 5, 2023

    Date

    Active

    CRMLS: SR23052707

    $1,988,000

    Price

  • Listing provided courtesy of CRMLS

    Fantastic opportunity in historic Boyle Heights location. Situated on the corner of 1st street and Breed St with direct access to Soto Station's Gold line connecting Boyle Heights, Arts District, Chinatown, Highland Park and Pasadena. 3 retail stores (market, beauty salon and small restaurant) and 4 apartments totaling 6840 sqft, placed on a 6536 sqft, LAC2 zoned corner lot. Boyle Heights is developing due to its ideal access to Los Angeles's East side and Downtown communities. The four-plex and 3 Commerical store fronts produce income should a new owner wish to upgrade the site and or build while the details and permits can be worked out. Please check with Boyle Heights Community plan which is encouraging maximized development around near Transit centers at densities that support a diversity of small businesses, public spaces and increases the use of the transit ridership. This is a true opportunity to own, occupy or create a mixed use development in the vibrant, residential and cultural center of the city's largely oldest neighborhoods.

  • May, 2001

  • May 4, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 1997

  • Jun 18, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 104 S Breed St

Assessed Value (2020): $305,857
Year Land Value Improved Value Assessed Value
2020 $111,594 $194,263 $305,857

Home Value Compared to the Market

This property vs the competition

104 S Breed St is listed 45.55% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $263.01 per/sqft which puts the price per square foot 66.06% lower than the median price per square foot for the city of Los Angeles.

About 104 S Breed St

Detailed summary of property

104 S Breed St is a mixed use located in Los Angeles, CA 90033 and is currently for sale. This mixed use property offers 428 bedrooms, 428 bathrooms, roughly 6,840 living square feet, and sits on an approximately 6,536 square foot lot. 104 S Breed St was first listed on ArdentRealEstateGroup.com on May 24, 2024. The homeowner is currently asking $1,799,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.55% higher than the median priced home. Local competing homes currently for sale include 101 S Mariposa, 1478 E 92nd St and 1108 N Kenmore Ave. While the average home in Los Angeles, CA is selling in 99 days, 104 S Breed St has a days on market of 75 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 104 S Breed St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 104 S Breed St

Public county record property details
Beds
4
Baths
4
Year built
1922
Sq. Ft.
6,840
Lot Size
6,536
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5183-009-022

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$685,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$625
Total Inventory
14
Median Sale to List Price %
108.01%
Avg Days on Market
19
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.