Properties

Property Description

This is an attractive investment opportunity at 959 South Soto St, a 6-unit apartment building in Boyle Heights. Located close to the East Los Angeles Interchange, between 7th Street and Whittier Boulevard, the property has a greatmix of two-bedroom units and provides six parking spaces at the rare. Fully occupied upon delivery, investors can take advantage of a strong existing cash flow and a remarkable 33% rental upside during unit turnovers. Directly across from Salesian High School and close to various retail amenities along South Soto St, the property achieves a high Walk Score of 85. Easy access to major freeways like the 60, 5, 10, and 710 ensures a seamless commute to Downtown Los Angeles and the San Gabriel Valley. Positioned on the bustling main thoroughfare of Whittier Blvd, this Boyle Heights neighborhood is undergoing rapid gentrification, presenting a prime investment opportunity in a thriving and well-connected community.

Features
: Wall Furnace
: Detached Carport
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Address Map
CA
Los Angeles
Los Angeles
90023
Soto
959
Street
W119° 46' 59''
N34° 1' 58.9''
LAC1
S
BOYH - Boyle Heights
The apartment building is in Boyle Heights located just off of the East Los Angeles Interchange between 7th Street and Whittier Boulevard.
Neighborhood
Neighborhood
MLS Addon
Marcus & Millichap
Neema Ahadian
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$0
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Additional Information
2023-12-26
6
: Multi/Split
4180
Listing Information
CLW-C104547
CLW-X7515101
Active Under Contract
2024-03-05T18:41:56Z
CRMLS
: Standard
2024-02-20T16:00:00Z

Residential Income For Sale

959 S Soto Street, Los Angeles, California 90023

12 Bedrooms
6 Bathrooms
4,180
$1,100,000
Listing ID #24348655
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 24348655
Price : $1,100,000
Bedrooms : 12
Bathrooms : 6
Square Footage : 4,180
Year Built : 1962
Lot Area : 0.15 Acre
Status : Active Under Contract
Agent info
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