436 S Soto St - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$1,499,000 USD
909-997-9765
436 S Soto St, Los Angeles, CA for Sale
$1,499,000 USD
Apartments - FOR SALE
1/11
null | 8.29% Cap Rate

436 S Soto St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • Over 56% Rental upside (Value Add Potential)!!
  • Extremely Large Units With Potential To Convert Into 2-Bedrooms With Laundry Room
  • Attractive Spanish Style Architecture Which Has Been Meticulously Maintained - High Vaulted Ceiling Units
  • Long Time Owner of 30+Years!
  • Potential To Implement RUBS
  • Surrounded by all amenities LA has to offer such as but not limited to: Union Station, Crypto.com Arena, Financial District, Arts District, etc.

OVERVIEW

Attractive Investment Property With Spanish Style Architecture Which Has Been Meticulously Maintained - High Vaulted Ceiling Units. Long Time Owner of 30+Years! Over 56% Rental upside (Value Add Potential)!! Extremely Large Units With Potential To Convert Into 2-Bedrooms With Laundry Room. Potential To Implement RUBS and Mills Act to Reduce Property Taxes (Buyers to do their own investigation). One Unit Can Be Delivered Vacant At Close Of Escrow! Surrounded by all amenities LA has to offer such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, etc.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$273 USD /SF

# OF UNITS

6

PRICE/UNIT

$249,833

CAP RATE

8.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1931

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,360 SF

ZONING

LARD1.5

APN/PARCEL ID

5185-001-004

ASK ABOUT THIS PROPERTY

Matthew GuerraKW CommercialMore Info
909-997-9765

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Matthew GuerraKW CommercialMore Info
909-997-9765

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.