Listing Office: Max Real EstateListing Agent: Amparo Gastelum
1 / 13
7 months on rocket
118 N Breed St, Los Angeles, CA, 90033
$1,850,000
0 Baths
Condo
Schools Nearby
Location
Property Highlights
Home TypeCondominium
Year Built1959
HeatingFloor Furnace
CoolingNone
FireplaceNone
MLS #DW22182855
Lot Size0.19 Acres
StatusActive
About 118 N Breed St
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).
Property Details
Property Features
Property Information:
Year Built: 1959
Listing Office:
Office Name: Max Real Estate
Office Phone: (562) 445-7375
Listing Agent: Amparo Gastelum
Interior Features
Interior Information:
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Floor Furnace
Cooling: None
School Info
Assigned Schools Information:
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
School of Communications, New Media and Technology at Roosevelt High School, Public District Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Hollenbeck Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Breed Street Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Breed St and 1st
Price Details
Listing Price Info
Price Summary:
List Price: $1,850,000
Tax Information:
Annual Amount: $3,039
Tax Year: 2021
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 3/21/2023, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,039
$157,137
2020
$2,976
$155,527
2019
$2,817
$152,478
2018
$2,730
$149,489
2017
$2,730
$146,559
History based on county public records data.
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Breed Street Elementary School
2226 E 3rd St
Distance between this listing and this school
0.21 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school
8.21 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school
23.29 miles
Public Magnet Grades KG-5
Middle School
6
/10
Hollenbeck Middle School
2510 E 6th St
Distance between this listing and this school
0.56 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school
4.40 miles
Public District Grades 6-8
High School
9
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school
0.51 miles
Public Magnet Grades 9-12
2
/10
School of Communications, New Media and Technology at Roosevelt High School
456 S Mathews St
Distance between this listing and this school
0.51 miles
Public District Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school
19.52 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Breed Street Elementary School
2226 E 3rd St
Distance between this listing and this school
0.21 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school
8.21 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school
23.29 miles
Public Magnet Grades KG-5
Assigned Schools
6
/10
Hollenbeck Middle School
2510 E 6th St
Distance between this listing and this school
0.56 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school
4.40 miles
Public District Grades 6-8
Nearby Schools
4
/10
Utah Street Elementary School
255 Gabriel Garcia Marquez St
Distance between this listing and this school
0.88 miles
Public District Grades KG-8
Assigned Schools
9
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school
0.51 miles
Public Magnet Grades 9-12
2
/10
School of Communications, New Media and Technology at Roosevelt High School
The neighbors living near this home have an average income of $31,029. Typical income of Los Angeles, CA residents is less than $35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
What type of housing is available in Boyle Heights, Los Angeles?
Single detached homes are the most common housing type, representing about 45% of dwellings in Boyle Heights, and the rest are mainly large apartment buildings, small apartment buildings, and townhouses. A majority of the housing growth in this neighborhood happened before the 1960s. This neighborhood is primarily composed of one bedroom and two bedroom homes. Renters occupy about three quarters of the dwellings in Boyle Heights and the remainder are occupied by owners.
Is Boyle Heights, Los Angeles a good place to live?
Boyle Heights offers a wide variety of green spaces to enjoy, despite its sometimes busy feel. There are about 10 public green spaces nearby for residents to explore, including Lincoln Park and Hazard Park, making them easy to reach. This area can be relatively noisy, as traffic during rush hour can occasionally be bothersome, although there are still several quieter sections.
Are things conveniently located in Boyle Heights, Los Angeles?
Locals will find that no matter where their home is located in Boyle Heights, primary as well as high schools are nearby. At the elementary level, both public and private schools can be found. When it comes to food, it is especially easy to get to both a general and a specialty grocery store by walking from any location in Boyle Heights. Additionally, there is generally a restaurant or cafe just around the corner, for example on 4th Street. It is also straightforward to access a variety of clothing stores on foot, for instance on Cesar E Chavez Avenue.
What does the transportation in Boyle Heights, Los Angeles look like?
Boyle Heights permits property owners to get around by a variety of methods of transportation. It is easy for people walking to get around in this area; running common errands is very convenient on foot, and there are also a good number of businesses in proximity. This part of Los Angeles is quite transit friendly. More specifically, residents are served by around 30 bus lines, and bus stops are usually nearby. Boyle Heights is also car friendly. It is easy to park, and the majority of real estate listings are a very short car ride from the closest highway, such as Pomona Freeway.
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Frequently Asked Questions About 118 N Breed St
What is the listing price of this property?
The listing price of 118 N Breed St property is $1,850,000.
What type of property is this?
The property 118 N Breed St is a condo located in Los Angeles, California, 90033.
Is this property for sale now?
Active Listing: 118 N Breed St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 118 N Breed St are: Breed Street Elementary School: GreatSchools Rating 4/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Hollenbeck Middle School: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 9/10School of Communications, New Media and Technology at Roosevelt High School: GreatSchools Rating 2/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,039 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 118 N Breed St is 1959.
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This home is located at 118 N Breed St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This home, which was built in 1959, sits on a 0.19 acre lot. It has been listed on Rocket Homes since August 18, 2022 and is currently priced at $1,850,000.
Los Angeles, CA housing market in February 2023 saw over 361 listings sold above listed price, more than 127 sold at listed price and over 551 sold below. The number of homes for sale in Los Angeles, CA increased by 11.5% between January 2023 and February 2023. The median list price of listings available in February 2023 was $990,241, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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