811 N Soto St - Multi-Family FOR SALE


Los Angeles, CA 90033- Boyle Heights
$985,000 USD
310-595-3642
811 N Soto St, Los Angeles, CA for Sale
$985,000 USD
Multi-Family - FOR SALE
1/2
null | 6.42% Cap Rate

811 N Soto St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • First Time For Sale in 40+ Years
  • Great Unit Mix: All 2-Bedroom Units with Detached Home
  • Parking: 5 Surface Parking Spaces
  • Value-Add Opportunity: Over 40% Rental Upside Potential
  • Earthquake Gas Shutoff Valves Installed

OVERVIEW

JLL, as the exclusive advisor, is pleased to present for sale: 626 N Breed and 811 N Soto—an 12-unit, value-add, multifamily portfolio in prime Boyle Heights. This marks the first time these properties have been listed for sale in over 40 years, representing a rare opportunity for sophisticated, value-add investors to benefit from a blank canvas. This offering includes twelve (12) units across two adjacent parcels. 626 N Breed consists of a detached single-family residence at the front and 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 of large two-bedroom units, providing residents with generous layouts rarely seen in comparable product. Several units are leased at below-market rents, creating a clear path for investors to capture over 40% rental upside through targeted renovations and lease-up strategies. 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. *Can be purchased together with 626 N Breed, or separately.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

5

PRICE/UNIT

$197,000

CAP RATE

6.42%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5175-004-006

ASK ABOUT THIS PROPERTY

310-595-3642

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310-595-3642

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