$3,095,000
138 N Soto Street
Los Angeles, CA 90033
10
Beds
20
Baths
13,920
Sq. Ft.
1930
Year Built
Los Angeles
County
ResidentialIncome
Property Type
About this home
We are pleased to present a twenty (20) unit apartment building located at 138 N Soto St in Los Angeles, California. The subject property is located in a prime Boyle Heights location, just south of Cesar E Chavez Ave and west of Evergreen Ave. Located in Boyle Heights, this 20-unit multifamily asset features eleven studios, six one-bedroom units, and three two-bedroom units. Over $200,000 in building renovations include upgrades to nearly half of the units, while current rents offer approximately 20% upside. Select residences feature spacious kitchens, stainless-steel appliances, hardwood flooring, ample storage, and wall air conditioning. On-site laundry, separately metered gas and electricity, and an on-site manager handling daily operations and routine repairs support ease of ownership. Positioned near major commercial corridors, the property offers immediate access to the 5, 10, 101, and 60 freeways, walkability to the Soto Metro E Line station, and proximity to neighborhood parks, retail, dining, entertainment, and healthcare destinations throughout the surrounding community. With substantial capital improvements, approximately 20% rental upside, and on-site management, this Boyle Heights asset offers an opportunity to grow income while benefiting from convenient transit access and ease of ownership.
Property Details
Architecture
Features & Amenities
Property Features
Community
Tax & Financial
Request a Tour
Mortgage Estimate
$16,473/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.