138 N Soto Street

Los Angeles, CA 90033

  • 0 Bed(s)
  • 0 Bath(s)
  • 13,924 Sqft
  • 8910
    Sqft(Lot)
$3,495,000

Description

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 property’s 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 unit interiors have been renovated, 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.

with historically low vacancy and consistent rental income, 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 Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48411814

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1930
    • Building Area Total: 13,924

    Pool Features

    • None

    Laundry Features

    • Common Area

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2045
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8910

  • Listing Price Information

    • Original List Price: 3,495,000
    • Listing Contract Date: 2025-01-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5180002021

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: BOYH - Boyle Heights
    • Directions: Merge onto I-10W, Take exit 19C for Soto St, Use the left 2 lanes to turn left onto N Soto St
    • Zoning: LAR4
    • Source Property Type: Residential Income
    • Area: BOYH - Boyle Heights
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 95
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 01/26/2025 @ 02:45

  • MLS: CV25015751
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 13,924 sqft, 8,910 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90033, this Los Angeles County Home are nearby neighborhoods.