List Search

138 N Soto St
Los Angeles, CA 90033 Boyle Heights

Price Upon Request

Apartments For Sale  •  13,924 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,924 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1930
  • Zoning R4-2, Los Angeles
72 Transit Score
93 Walk Score

Highlights

Well-Located Just Minutes Outside of DTLA and a Short Distance to Several Local Amenities including Restaurants, Convenience Stores, Schools, Parks
Over $300,000 in Capital Improvements to Building Interior
Extremely Dense Rental Pocket of Boyle Heights | Over 75% of Boyle Heights Residents occupy Investment Owned Properties (Source: Census.Gov)
Strong In-Place Income Boasting a 6.07% CAP Rate & a Low 9.93 GRM on Current Rents | Market CAP Rate of 8.80% & 7.69 GRM
Only $167,250 Per Unit & $240 Per Square Foot
Well-Maintained Property w/ Almost 50% of Unit Interiors Renovated

Financial Summary (Actual)

Net Operating Income: $202,881 USD (2024)
Total Expenses: $127,824 USD

Amenities

  • Air Conditioning
  • Laundry Facilities
  • Heating
  • Kitchen
  • Oven
  • Range
  • Public Transportation

Public Transportation

Commuter RailDriveWalkDistance
5 min - 2.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 2.4 mi
Transit/SubwayDriveWalkDistance
Soto (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 3 min 0.1 mi
Mariachi Plaza (Gold Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.7 mi
AirportDriveWalkDistance
Bob Hope 25 min - 17.3 mi
Los Angeles International 30 min - 18.2 mi
Long Beach (Daugherty Field) 31 min - 20.4 mi