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104 S Breed St

6,840 SF 100% Leased Retail Building Los Angeles, CA 90033 $1,599,800 ($234/SF)

EXECUTIVE SUMMARY

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.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,840 SF
Building Class
C
Year Built/Renovated
1922/1932
Price
$1,599,800
Price Per SF
$234
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.05
Lot Size
0.15 AC
Zoning
LAC2 - Commercial C1 & C1.5 Uses; Retail w/Limited Manuf., Service Stations and Garages, Retail Control Business, Churches, Schools, Auto Sales, R4 Uses
Parking
4 Spaces (0.58 Spaces per 1,000 SF Leased)

AMENITIES

  • Commuter Rail
Walk Score®
Walker's Paradise (93)
Transit Score®
Excellent Transit (73)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Chase Bank
King Taco Restaurant Inc
Bank of America
Northgate Gonzalez Market
Smart & Final
Food 4 Less
U.S. Bank
Yoshinoya
First City Credit Union
Ymca

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5183-009-022
Land Assessment
$119,651 (2024)
Improvements Assessment
$208,288 (2024)
Total Assessment
$327,939 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 32733508

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 104 S Breed St, Los Angeles, CA 90033

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