Soto & Breed

JLL, as the exclusive advisor, presents a rare investment opportunity: a 12-unit multifamily portfolio in Boyle Heights, available for the first time in over 40 years. This once-in-a-generation offering spans two adjacent parcels.

626 N Breed consists of a detached single-family residence at the front with a spacious 6-unit multifamily building at the rear, while 811 N Soto features a massive front-facing residence paired with a fourplex in the back.

The portfolio offers a phenomenal unit mix primarily of large two-bedroom units, providing residents with generous layouts rarely found in comparable properties. Several units are leased at below-market rents, creating a clear path for investors to capture over 40% rental upside through targeted renovations and strategic lease-up.

Both assets feature 11 combined on-site parking spaces across both properties, a valuable amenity in this high-demand submarket. The buildings' charm, original finishes, and functional layouts make them ideal for a range of investor profiles—from first-time buyers to seasoned value-add investors, or potential owner-users looking to occupy one of the units.

Centrally located just minutes from essential amenities, the properties offer convenient access to transit, major employers, and top-rated schools. Boyle Heights itself continues to exhibit strong renter demand, cultural vibrancy, and ongoing community investment. This presents a rare opportunity to acquire income-producing apartments with substantial upside in one of LA's most historically significant and evolving neighborhoods.