323 N Soto Street, Los Angeles, CA 90033
Property
Sold September 2024
Listing Agent: David Weinberger (DRE #01349349) · Listing Office: Keller Williams Studio City · Contact: 818-432-1500 · Bought with: Non-member 999999 · Non-member Office · MLS #24362963 · Source: CRMLS
About this property
323 N. Soto Street presents an exceptional investment opportunity in the heart of Boyle Heights. Significant potential exists for a new owner to implement a value-add strategy. This well-maintained two-story apartment building, constructed in 1929, encompasses 10,364 square feet and comprises 40 units on a 6,993 square-foot lot. Renovating individual units and common areas can reposition the asset to achieve market rental rates, offering flexibility for both short-term and long-term tenancies. P Ideally situated near renowned schools, the property is just 2.5 miles from Cal State LA, 3 miles from the USC Health Sciences Campus, and a 10-15 minute drive from East Los Angeles College, offering convenience for student tenants.
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history