fbpx

$1,100,000
12 bed
4,180 Sqft
6,486 Sqft lot

959 S Soto Street, Los Angeles, California 90023

  • Residential Income Property Type
  • 94 Days Time on market
  • $263 Price per sqft
  • 1962 Year Built
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.

Basic Details
Residential Income
Buy
24348655
$1,100,000
12
4,180 Sqft
1962
6,486 Sqft
Activeundercontract
Condos/Co-ops
Features
: Wall Furnace
6
$0
Address
CA
Los Angeles
Los Angeles
90023
959 S Soto Street
959
Street
0
W119° 46' 59''
N34° 1' 58.9''
S
Additional Information
94
0
6
: Multi/split
1
4,180 Sqft
0 Sqft
0 Sqft
0.15 Sqft
6,486 Sqft
1
0 Sqft
LAC1
5189006011
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
22/03/2024 00:00:00
$0
: Standard
The apartment building is in Boyle Heights located just off of the East Los Angeles Interchange between 7th Street and Whittier Boulevard.
Destrahan
Harry Hurst
Marcus & Millichap
Neema Ahadian
CLW-X7515101
CLW-C104547
$0
5.21
1
1
0
0
1
1
1
6
94668
US-06037-N-5189006011-R-N
17/01/2024 22:38:39
Soto
BOYH - Boyle Heights
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$