706 N Soto St | Los Angeles, CA 90033
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- LoopNet Team
706 N Soto St
Los Angeles, CA 90033
Multifamily Property For Sale · 12 Units
Investment Highlights
- Prime Boyle Heights Location
- Charming Character, Spanish Style Architecture
- Situated in a Major Transportation Hub for Los Angeles - Less than a Mile Away from Soto Station
- Positive Initial Cash Flow - 8.42 Pro Forma GRM
- Entirety of Soto St Was Recently Upzoned in 2021
- Plenty of Street Parking Available
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 10,668 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1928 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 10,668 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,482 | 889 |
| 1+1 | 6 | $1,498 | 889 |
| 2+1 | 4 | $2,049 | 889 |
PROPERTY TAXES
| Parcel Number | 5177-021-016 | Improvements Assessment | $1,456,560 |
| Land Assessment | $832,320 | Total Assessment | $2,288,880 |
PROPERTY TAXES
Parcel Number
5177-021-016
Land Assessment
$832,320
Improvements Assessment
$1,456,560
Total Assessment
$2,288,880
zoning
| Zoning Code | R3 |
| R3 |
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