Welcome to 354 N Breed St, an exceptional brand-new construction (Non-RSO) completed in 2024, offering a premier investment opportunity in the heart of Boyle Heights. This striking multi-unit development features three contemporary buildings, housing a total of six spacious units—350, 350 1/2, 352, 352 1/2, 354, and 354 1/2—all designed with modern elegance and tenant convenience in mind. Boasting an impressive projected rental income of $21,850.00 per month, this asset presents a lucrative opportunity for investors seeking strong cash flow and long-term appreciation.
total current rental income (corp lessee) $21,850.00 per month, making it an excellent investment opportunity with strong cash flow potential.
Unit 350 1/2 (Studio/1Bath) – $2,600.00
Unit 350 (2Bed/2Bath) – $2,800.00
Unit 352 (2Bed/2Bath) – $2,800.00
Unit 352 1/2 (3B/4B + 1 Den) – $4,550.00
Unit 354 1/2 (3B/4B + 1 Den) – $4,550.00
Unit 354 (3B/4B + 1 Den) – $4,550.00
Total Monthly Rental Income: $21,850.00
Total Annual Rental Income: $262,200.00
For sale
Listed by: eXp Realty of Greater Los Angeles • Steven Gray • Contact: 213-570-9275
$3,300,000
354 N Breed St, Los Angeles, CA 90033
16beds
17baths
90,360sqft
Triplex
Built in 2023
-- sqft lot
$3,100,800 Zestimate®
$37/sqft
$-- HOA
What's special
- 197 days
- 133
- 4
Zillow last checked:
Listing updated:
Listed by:
Steven Gray DRE #02194905 213-570-9275,
eXp Realty of Greater Los Angeles
Source: CRMLS,MLS#: PW26156999
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 17
Heating
- Ductless
Cooling
- Ductless
Appliances
- Laundry: Common Area, Inside
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 90,360
- Total interior livable area: 90,360 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Carport spaces: 6
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Pool features: None
Lot
- Size: 6,257 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5175010011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $37/sqft
- Tax assessed value: $1,361,482
- Date on market: 7/18/2026
- Cumulative days on market: 197 days
- Listing terms: Cash,Conventional,FHA
Estimated market value
$3,100,800
$2.95M - $3.26M
$4,509/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2026 | Listed for sale | $3,300,000-2.9%$37/sqft |
Source:  CRMLS #PW26156999 Report a problem | ||
| 6/29/2026 | Listing removed | $3,400,000$38/sqft |
Source: eXp Realty #PW26019990 Report a problem | ||
| 2/2/2026 | Listed for sale | $3,400,000+566.7%$38/sqft |
Source: eXp Realty #PW26019990 Report a problem | ||
| 8/12/2020 | Sold | $510,000$6/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,361,482 +2% |
| 2025 | $16,683 +1.5% | $1,334,788 +2% |
| 2024 | $16,438 +152.9% | $1,308,616 +146.6% |
| 2023 | $6,498 +1.7% | $530,604 +2% |
| 2022 | $6,391 +1.4% | $520,200 +2% |
| 2021 | $6,306 +526.1% | $510,000 +682.3% |
| 2020 | $1,007 | $65,189 +2% |
| 2019 | $1,007 +9% | $63,912 +2% |
| 2018 | $924 | $62,660 +2% |
| 2017 | $924 +2.2% | $61,432 +2% |
| 2016 | $904 +5.4% | $60,228 +1.5% |
| 2015 | $858 -0.1% | $59,324 +2% |
| 2014 | $858 | $58,163 +2.5% |
| 2012 | -- | $56,767 +2% |
| 2011 | -- | $55,655 +0.8% |
| 2010 | -- | $55,240 -0.2% |
| 2009 | -- | $55,372 +2% |
| 2008 | -- | $54,287 +2% |
| 2007 | -- | $53,223 +2% |
| 2006 | -- | $52,180 |
| 2005 | -- | $52,180 +4% |
| 2004 | -- | $50,155 +1.9% |
| 2003 | -- | $49,237 +2% |
| 2002 | -- | $48,273 +4% |
| 2000 | -- | $46,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Boyle Heights
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