138 N Soto St | Los Angeles, CA 90033
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
138 N Soto St
Los Angeles, CA 90033
Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
- Well-Located Just Minutes Outside of DTLA and a Short Distance to Several Local Amenities including Restaurants, Convenience Stores, Schools & Parks
- Strong In-Place Income Boasting a 5.70% CAP Rate & a Low 10.42 GRM on Current Rents | Market CAP Rate of 8.17% & 8.04 GRM
- Well-Maintained Property w/ Almost 50% of Unit Interiors Renovated
- Extremely Dense Rental Pocket of Boyle Heights | Over 75% of Boyle Heights Residents occupy Investment Owned Properties (Source: Census.Gov)
- Only $174,750 Per Unit & $251 Per Square Foot
- On-Site Laundry Facility and Secured Access
PROPERTY FACTS
| No. Units | 20 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 13,924 SF |
| Property Subtype | Apartment | Average Occupancy | 85% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1930 |
| Zoning | R4-2, Los Angeles - restricted Density Multiple Dwelling | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 13,924 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1930 |
| Zoning | R4-2, Los Angeles - restricted Density Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | $1,270 | 550 |
| 1+1 | 7 | $1,440 | 800 |
| 2+1 | 2 | $2,295 | 950 |
PROPERTY TAXES
| Parcel Number | 5180-002-021 | Improvements Assessment | $1,894,346 |
| Land Assessment | $2,683,658 | Total Assessment | $4,578,004 |
PROPERTY TAXES
Parcel Number
5180-002-021
Land Assessment
$2,683,658
Improvements Assessment
$1,894,346
Total Assessment
$4,578,004
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
