959 S Soto St | Los Angeles, CA 90023
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- LoopNet Team
959 S Soto St
Los Angeles, CA 90023
Multifamily Property For Sale · 6 Units
Investment Highlights
- The Neema Group of Marcus & Millichap is pleased to present 959 S Soto St, a 6-unit apartment building in Boyle Heights located just off of the East L
- The property will be delivered fully occupied with strong in-place cash flow and significant rental upside of over 33% achievable as units turn
- High Walk Score of 85, close proximity to schools, employment, and retail amenities; the property is centrally located with easy access to the 60, 5,
- The property features an ideal unit mix made up of all two-bedroom units; there are six parking spaces located at the rear of the property
- Opportunity to purchase a well-located asset directly across the street from Salesian High School; walking distance to numerous retail amenities down
- This neighborhood in Boyle Heights is rapidly gentrifying and ideally located on the main thoroughfare of Whittier Blvd
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 4,180 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1962 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,180 SF |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.44/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $1,533 | 650 - 750 |
PROPERTY TAXES
| Parcel Number | 5189-006-011 | Improvements Assessment | $424,836 |
| Land Assessment | $246,281 | Total Assessment | $671,117 |
PROPERTY TAXES
Parcel Number
5189-006-011
Land Assessment
$246,281
Improvements Assessment
$424,836
Total Assessment
$671,117
zoning
| Zoning Code | C1, Los Angeles |
| C1, Los Angeles |
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