600 N Soto St - Apartments FOR SALE


Los Angeles, CA 90033- Boyle Heights
$2,295,000 USD
600 N Soto St, Los Angeles, CA for Sale
$2,295,000 USD
Apartments - FOR SALE
1/28
null | 5.75% Cap Rate

600 N Soto St
Los Angeles, CA 90033
Boyle Heights


HIGHLIGHTS

  • Over 45% Rental Upside!
  • Large Storage Space in Basement- Potential ADU Conversion! (Buyer to Verify)
  • Lots of Work Done Including: Copper Plumbing, New Skylights, Second Story Flooring & the Foundation Seismic Retrofit Completed!
  • Property is Near E Cesar E Chavez Ave Offering Access to Plenty of Stores and Entertainment Options!
  • Charming 1920s Construction with Easy Access to the 5, 10, 101, & 710 Freeways!
  • Less than 3 Miles from Cal State University, Los Angeles and Less than 5 Miles from Dodger Stadium!

OVERVIEW

The Azzi Group of Marcus and Millichap is pleased to present the opportunity to acquire 600 N Soto St, a 16-Unit multifamily apartment building located in the 90033 zip code of Los Angeles.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

16

PRICE/UNIT

$143,438

CAP RATE

5.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Casa De Soto

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1924

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,974 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

5177-022-016

ASK ABOUT THIS PROPERTY

Tony AzziMarcus & MillichapMore Info

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Tony AzziMarcus & MillichapMore Info

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