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29537938
29537939

354 N Breed, Los Angeles, CA 90033

SG
CA 02194905
BURNWOOD
Listed by BURNWOOD
$3,400,000
146 days on market
Updated 94 days ago

354 N Breed

Details
APN 5175010011
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 6.46%
NOI $219,625
Occupancy 100%
Price per SqFt $544
Class A
Year Built 2024
Year Renovated 2024
Buildings 1
Stories 3
Acreage 0.144
Zoning Seller
Parking Spaces 6 spaces
Investment Type Stabilized
Occupancy Date 01/01/2024

6 Units | Fully Leased | 6.64% CAP

Marketing description

This property is part of a 3 property portfolio, see MLS#PW26019991 , and MLS#PW26019993 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 units350, 350 1/2, 352, 352 1/2, 354, and 354 1/2all 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. Aesthetic & Functional Appeal Each unit seamlessly blends modern design with high-end finishes, creating an inviting atmosphere for tenants. The open-concept kitchens are equipped with sleek white cabinetry, quartz countertops, high-end stainless steel appliances, and stylish black fixtures. Expansive windows flood the space with natural light, highlighting the premium hardwood-style vinyl panel flooring and sophisticated recessed lighting. Bathrooms showcase a spa-like experience, featuring floating vanities, LED-lit mirrors, oversized walk-in showers, and sleek matte black finishes. Additional features include in-unit laundry, walk-in closets, and private balconies offering scenic views. Striking Modern Faade: The sleek architectural design combines a mix of bold black and white tones, floor-to-ceiling windows, and stylish wood paneling accents, delivering a high-end contemporary aesthetic. Gated Parking & Secure Entry: Th

Investment highlights

Interior Highlights

  • Sophisticated Open-Concept Kitchens: Featuring sleek white cabinetry, quartz countertops, high-end stainless steel appliances, and modern black fixtures, these kitchens provide both style and efficiency. The elegant tile backsplash and open shelving add a designer touch, making the space both practical and visually appealing.

  • Spacious, Light-Filled Living Areas: Natural light floods through large windows, enhancing the warm tones of the high-quality hardwood floors. Recessed lighting and modern fixtures provide a bright and inviting ambiance, perfect for residents seeking both comfort and style.

  • Luxurious Bathrooms: Spa-like bathrooms showcase high-end materials, featuring designer floating vanities, LED-lit mirrors, and oversized walk-in showers with sleek matte black fixtures. The contemporary tile work adds a touch of sophistication and durability.

  • In-Unit Laundry & Ample Storage: Each unit is equipped with a stacked washer and dryer, neatly tucked away behind closet doors for convenience. Thoughtfully designed walk-in closets provide generous storage solutions for modern urban living.

  • Private Balconies & City Views: Select units feature private balconies, offering residents a tranquil outdoor retreat with

  • picturesque views of the surrounding neighborhood.

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Listing Contacts

SG
CA 02194905
BURNWOOD
Listed by BURNWOOD

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$219,625.00
$18,302.08/mo

Valuation Metrics

0
DSCR
6.46%
Cap Rate
6.46%
ROI

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Additional Information

Name
Steven W. Gray
License
02194905
Brokerage
exp of greater los angeles
Brokerage Phone
888.584.9427
Title
Broker
Brokerage Address
303 North Glenoaks Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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