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Casa De Soto 600 N Soto St 16 Unit Apartment Building $2,875,047 CAD ($179,690 CAD/Unit) 6.73% Cap Rate Los Angeles, CA 90033
Executive Summary
Charming 16-unit apartment building located in the heart of Boyle Heights, offering classic 1920s character with thoughtful updates throughout. The two-story property features a desirable unit mix of studios, one-bedroom, and two-bedroom residences, appealing to a broad tenant base. Several units have been renovated, while the building has benefited from significant capital improvements including copper plumbing, new skylights, second-story flooring, and a completed seismic retrofit.
Residents enjoy on-site laundry with newer machines, basement storage space, and a highly walkable location close to everyday amenities. The property is sub-metered for water and positioned near Cesar E. Chavez Avenue, providing convenient access to local shops, dining, and entertainment. Ideally situated less than three miles from Cal State LA and under five miles from Dodger Stadium, with easy connectivity to the 5, 10, 101, and 710 freeways.
Located at the crossroads of Boyle Heights, Downtown Los Angeles, Lincoln Heights, and East LA, the property offers excellent access to major employment centers, public transportation, parks, and cultural destinations—making it a compelling long-term holding in one of LA’s most vibrant and evolving neighborhoods.
Residents enjoy on-site laundry with newer machines, basement storage space, and a highly walkable location close to everyday amenities. The property is sub-metered for water and positioned near Cesar E. Chavez Avenue, providing convenient access to local shops, dining, and entertainment. Ideally situated less than three miles from Cal State LA and under five miles from Dodger Stadium, with easy connectivity to the 5, 10, 101, and 710 freeways.
Located at the crossroads of Boyle Heights, Downtown Los Angeles, Lincoln Heights, and East LA, the property offers excellent access to major employment centers, public transportation, parks, and cultural destinations—making it a compelling long-term holding in one of LA’s most vibrant and evolving neighborhoods.
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Property Facts
| Price | $2,875,047 CAD | Property Subtype | Apartment |
| Price Per Unit | $179,690 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.73% | Lot Size | 0.16 AC |
| Gross Rent Multiplier | 8.49 | Building Size | 11,034 SF |
| No. Units | 16 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1924 |
| Zoning | R3, Los Angeles - Multiple Dwelling - R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| Price | $2,875,047 CAD |
| Price Per Unit | $179,690 CAD |
| Sale Type | Investment |
| Cap Rate | 6.73% |
| Gross Rent Multiplier | 8.49 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 11,034 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | R3, Los Angeles - Multiple Dwelling - R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Storage Space
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 2 | - | - |
| 2+1 | 6 | - | - |
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Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (72)
Property Taxes
| Parcel Number | 5177-022-016 | Improvements Assessment | $1,438,370 CAD |
| Land Assessment | $1,296,559 CAD | Total Assessment | $2,734,928 CAD |
Property Taxes
Parcel Number
5177-022-016
Land Assessment
$1,296,559 CAD
Improvements Assessment
$1,438,370 CAD
Total Assessment
$2,734,928 CAD
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Casa De Soto | 600 N Soto St
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