Properties
Los Angeles, CA 90033 451 S Breed
$899,995
Pending
55 more
Presented By: Alan Zemek with LRS Realty & Management Inc; alan@lrsrm.com
Full/Half Baths • 1 / 1
SQFT • 3,898
Home Details
100% Occupied and below appraised value! Excellent Boyle Heights location. A classic Los Angeles turn of the century single family home with a separate four unit apartment building on one lot. The front house has been renovated and leased at market rate. The fourplex has a mix older and newer renovations. Excellent opportunity to achieve attractive cash flows. -This property is priced to sell with a real 7.2 % CAP rate on current rents. Lots of upside potential for this property. Boyle Heights is one of LA's most iconic neighborhoods, close to parks, schools and access to nearby employment and entertainment centers. The front house is 3 beds, 2baths. The fourplex units are all 2 bed 1bath. Five off street parking spaces with security gate access.
Presented By: Alan Zemek with LRS Realty & Management Inc; alan@lrsrm.com
Interior Features for 451 S Breed
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesSee Remarks
Total Stories2
Other Rooms
Entry Level1
General for 451 S Breed
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate6.8
CityLos Angeles
Community FeaturesCurbs, Gutter(s), Storm Drain(s), Sidewalks, Urban
CountyLos Angeles
DirectionsBetween E 4th St and E 5th St on S. Breed St
Electric Expense600
Entry Locationfront
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income
HOANo
HOA Fee$
Insurance Expense7800
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet8502
Lot Size UnitsSquare Feet
MLS AreaBOYH - Boyle Heights
MaintenanceExpense5000
Net Operating Income63070
New ConstructionNo
Number Of Units Total5
Open Parking Spaces5
Operating Expense36350
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count2
Tax Lot14
Taxes$11,300
Trash Expense500
Water Sewer Expense7200
Year Built1895
Year Built SourcePublic Records
Exterior for 451 S Breed
Building Area Total3898
Lot Features16-20 Units/Acre, Rectangular Lot, Yard
Lot Size Acres0.1952
Lot Size Area8502
Lot Size SourcePublic Records
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters2
Private PoolNo
Total Parking5
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
