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Sold for $1,597,500
  • Listed by: Max Real Estate • Amparo Gastelum • Contact: 562-445-7375
    Bought with: Liberty Investment Group
    $1,597,500

    122 N Breed St, Los Angeles, CA 90033

    20beds
    8baths
    7,228sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $221/sqft
    $3,983 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,983/mo

    Zestimate® history
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    What's special

    Historical hollenbeck parkClose to metroTrendy coffee shopsHollenbeck middle
    All roads lead to Boyle Heights. An opportunity of a lifetime to own an Income property in this 241-year-old historical Los Angeles community. This 18-unit multi parcel investment income property with parking that was built in 1959 is now on the market for the first time in 50 years. Located only 3 miles east of Downtown and 3 miles to Los Angeles with easy accesses to major freeways such as the 5 and 10 and 101. Boyle Heights' mix of history and trendy coffee shops, Restaurants, art and music creates a high demand for renters' desire to live with the community being 75% of residents are renters. All schools Breed st elementary, Hollenbeck middle and Rosevelt High School are within walking distance as are major parks Ross Valencia Community Park and Historical Hollenbeck Park. The signs of gentrification are clear as new developments and companies moving into the area, Boyle Heights.118 & 120-122 N Breed St is a 2 parcel 3 building 18-unit property with ample parking. With a mix consisting of 118 N Breed St Is 10 units 2-bedroom 1 bath each. 120 N Breed St is a 4-unit 2-bedroom 1 bath each.122 N Breed St is 4 units 3-bedroom 1 bath each. Total of 40 bedrooms 18 bath, This amazing opportunity very close to Metro, Bus within walking distance. Police station and fire department walking distance. Metro connects to Los Angeles and many other cities. USC Medical Center only (1.3 mi) White Memorial Hospital only (0.8 mi).

    Zillow last checked:

    Listing updated:

    Listed by:

    Amparo Gastelum DRE #01701696 562-445-7375,

    Max Real Estate,

    Co-Listing Agent: Jessica Gastelum DRE #02010148 562-507-7549,

    Max Real Estate

    Bought with:

    Carlos Estrada, DRE #01413560

    Liberty Investment Group

    Mike Iryami, DRE #01825516

    BRC Advisors- BH

    Source: CRMLS,MLS#: DW22183109MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 20
    • Bathrooms: 8
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 7,228
    • Total interior livable area: 7,228 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 8,309 Square Feet
    • Features: 26-30 Units/Acre
    Details
    • Parcel number: 5183005013
    • Zoning: R4
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $221/sqft
    • Tax assessed value: $1,698,300
    • Annual tax amount: $21,605
    • Date on market: 8/18/2022
    • Cumulative days on market: 341 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    8/1/2023Sold$1,597,500-13.6%$221/sqft
    Source: CRMLS #DW22183109 Report a problem
    6/13/2023Pending sale$1,850,000$256/sqft
    Source: CRMLS #DW22183109 Report a problem
    2/14/2023Price change$1,850,000-5.1%$256/sqft
    Source: CRMLS #DW22183109 Report a problem
    1/30/2023Price change$1,950,000-13.8%$270/sqft
    Source: CRMLS #DW22183109 Report a problem
    8/19/2022Listed for sale$2,262,000-4.3%$313/sqft
    Source: CRMLS #DW22183109 Report a problem
    7/29/2022Listing removed--
    Source: CLAW #22-161137 Report a problem
    5/26/2022Listed for sale$2,362,500$327/sqft
    Source: CLAW #22-161137 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,605 +1.4%$1,698,300 +2%
    2024$21,314 +8.2%$1,665,000 +8.8%
    2023$19,690 +590.8%$1,530,000 +1070.6%
    2022$2,850 +2.6%$130,707 +2%
    2021$2,778 -0.3%$128,145 +1%
    2020$2,786 $126,832 +2%
    2019$2,786 +9.4%$124,346 +2%
    2018$2,546 $121,909 +2%
    2017$2,546 +3.3%$119,520 +2%
    2016$2,464 +5.9%$117,177 +1.5%
    2015$2,326 -1.8%$115,417 +2%
    2014$2,368 $113,157 +2.5%
    2012-- $110,439 +2%
    2011-- $108,275 +0.5%
    2009-- $107,723 +6.1%
    2006-- $101,513
    2005-- $101,513 +4%
    2004-- $97,573 +1.9%
    2003-- $95,785 +2%
    2002-- $93,907 +4%
    2000-- $90,261
    Find assessor info on the county website

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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