138 N Soto Street, Property Listing: MLS® #CV24193168

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 w

138 N Soto Street, Property Listing: MLS® #CV24193168 Close
Page Summary
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  • MLS® #: CV24193168
  • 138 N Soto Street
  • , CA 90033
  • $3,495,000
  • 0.20 Acres
  • Office: Cb Richard Ellis

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 w

Supplemental Remarks

Essential Information

  • MLS® #CV24193168
  • Listing Price$3,495,000
  • Original Listing Price$3,495,000
  • Date ListedSeptember 17th, 2024
  • Days on Market1
  • Bathrooms0.00
  • Acres0.20
  • Lot Sq.Ft.8,910
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$167

Community Information

  • Address138 N Soto Street
  • AreaLOS ANGELES (90033)
  • CountyLos Angeles
  • StateCA
  • Zip Code90033

Amenities

  • PoolN/K

Interior

  • CoolingWall/Window
  • # of Stories2

Exterior

  • Lot DescriptionCurbs, Sidewalks
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Listing information last updated on November 26th, 2024 at 6:38pm PST.