Deal numbers
- Est. cap rate
- 1.3%
- Assumed rent, all units
- $6,810/mo
- Units
- 3
- Price per unit
- $1,083,000
- Est. annual NOI
- $40,860
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $77,634
- Operating expenses
- $38,817
- Net operating income
- $38,817
- Annual debt service
- $194,541
- Annual cash flow
- -$155,724
- Cash on cash return
- -19.2%
- Down payment
- $812,250
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Triplex
- Bedrooms
- 6
- Building size
- 90,360 sqft
- Lot size
- 6,257 sqft
- Year built
- 2023
- Stories
- 3
- Garage spaces
- 0
- Heating
- Ductless
- Cooling
- Ductless
- Pool
- None
- Status
- Active
- Days on market
- 84
- MLS #
- 244976825
About this property
This property is part of a portfolio that is available for purchase via online auction at FRE.com/580W. Please visit to learn more. 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
Location
354 N Breed
Los Angeles, Los Angeles, CA, 90033