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    150 S Soto St , #8

    Los Angeles, CA 90033
    • $2,150,000
    • STATUS: Active
    • ON SITE: 63 days
    • ID#: 21-739520
    Price Reduced
    UPDATED: 58 min ago
    $2,150,000
    • 14
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,902
      SQFT
    • $364
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Property is in good condition. Come become an investor with this income property. Sellers are very motivated. Property being sold in its as-is condition with occupants and has a cash flow.: Prime Boyle Heights located half a block to the Gold metro station, and less than a mile to the 5, 10 and 101 Freeways. Within four miles to dodger stadium, China town, Walt Disney, Union station. investment opportunity consists of an eight (8) unit multifamily individually metered for gas and electricity. The property provides 10 parking spaces for the tenants. This asset has been well maintained and cared for with a number of renovations to maximize the properties potential. This sale presents an incredible opportunity for a new owner/investor to own a stabilized asset located in prime Boyle Heights with units that are in high rental demand.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T07:42:18.483. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/117730062
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    150 S Soto St , #8 Los Angeles, CA 90033

    • Price: $2,150,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 21-739520
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,902
    SQFT
    $364
    $/SQFT
    1964
    Built
    Neighborhood:
    Boyle Heights
    County:
    Los Angeles
    Area:
    Boyle Heights
    Property Description
    Property is in good condition. Come become an investor with this income property. Sellers are very motivated. Property being sold in its as-is condition with occupants and has a cash flow.: Prime Boyle Heights located half a block to the Gold metro station, and less than a mile to the 5, 10 and 101 Freeways. Within four miles to dodger stadium, China town, Walt Disney, Union station. investment opportunity consists of an eight (8) unit multifamily individually metered for gas and electricity. The property provides 10 parking spaces for the tenants. This asset has been well maintained and cared for with a number of renovations to maximize the properties potential. This sale presents an incredible opportunity for a new owner/investor to own a stabilized asset located in prime Boyle Heights with units that are in high rental demand.
    Exterior Features

    Covered Parking 2 Cross Streets 1st St Direction Faces West Entry Location Ground Level W/Steps Exterior Construction Frame Levels Mid Level Lot Description Front Yard Lot Location Flats Lot Size Area 7062 Other Structures None Parking Garage AssignedParking Space Paved YN Yes Roof CompositionShingle Style Contemporary Tennis Court None Tennis YN No Total Parking 10 View Description None View YN No Water Frontage None

    Interior Features

    Bathroom Features Low Flow Toilet(S)Low Flow Shower(S)Shower Over Tub Baths Total 8.00 Common Walls Attached Cooling Air Conditioning Den No Dining Room No Equipment None Family Room No Foundation Details Slab Heating Wall Kitchen Features Laminate Counters Laundry Other Laundry Equipment Own Rooms Living RoomBreakfast Area Water Heater Features Gas

    Property Features

    ADACompliance No Alley YN No Assessed Total Value 590627 Association Pet Rules No Gross Income 122760 Gross Operating Income 120304 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 111904.00 Number Of Buildings 1 Number Of Units 8 Owner Pays Water Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Fire And Smoke Detection SystemSmoke Detector Source Living Area Assessor Source Lot Size Area Other Tenant Pays GasGardenerElectricityMove In Fee Total Annual Expense 8400 TVServices Cable Tv Type Of Units Multi Family Water Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lard1.5

    Listing provided courtesy of Fernando Flores DRE#00772950 of R.S. Cooper & Assocs Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-02T07:42:18.483. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583