$3,495,000
Active
1 Day Online
0 Beds0 Baths0 SQFT
Active

138 N Soto Street Los Angeles, CA 90033

We are delighted to introduce a prime investment opportunity: a well-kept 20-unit building in Los Angeles Boyle Heights neighborhood. Strategically located between 1st Street and Cesar E Chavez Avenue, this 13,924 square foot property sits on a 9,283 square foot lot at 138 N Soto Street. This dynamic location places your investment at the epicenter of Los Angeles cultural and commercial scene. Residents will enjoy easy access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, Union Station and more. Major freeways (10, 5, 60, and 101) are just minutes away, along with a diverse array of shopping centers, restaurants, museums, and retailers. The propertys proximity to the bustling retail corridors on Cesar Chavez Boulevard and Soto Street offers unparalleled convenience and opportunity for future appreciation. This investment opportunity is in a highly sought-after rental market within Boyle Heights. Over 75% of Boyle Heights residents occupy investment-owned properties, underscoring the strong demand for rental housing in the area. Positioned amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers, 138 N Soto Street offers the perfect blend of value and income potential. Nearly 50% of the units have been renovated interiors, providing modern amenities, and attracting discerning renters. Individual units boast spacious kitchens with stainless-steel appliances*, horizontal blinds, ample hallway storage, hardwood-like flooring, large closets, built-in drawers, and wall air conditioning. This pet friendly property also features low-maintenance landscaping, secured access, and an on-site laundry facility. 138 N Soto Street is a secure long-term investment ideal for any investor seeking a strong return. This opportunity can be a great investment for a new or seasoned investor. *In Select Units

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site1 Day
  • MLS StatusActive
  • MLS ID NumberCV24193168
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.2045 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Terms Cash
  • Stories 2 Story

Interior Features

  • Cooling Wall/Window

Exterior Features

  • Pool N/K

Community Features

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Monthly Payment (Est.)

$17,125
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