138 N Soto St, Los Angeles, CA 90033
138 N Soto St, Los Angeles, CA 90033
138 N Soto St, Los Angeles, CA 90033
138 N Soto St, Los Angeles, CA 90033
138 N Soto St, Los Angeles, CA 90033
138 N Soto St, Los Angeles, CA 90033
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$ 3,095,000
Est. payment | /mo

10 Beds

20 Baths

13,920 SqFt


Save
$ 3,095,000
Est. payment | /mo
Save

10 Beds

20 Baths

13,920 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,920 sqft

Price per Sqft $222

MLS Listing ID 26103528

Bedrooms 10

Year Built 1930

Lot Size 8,913 Sqft

Acres 0.2046

Property Sub-Type Multi-Family

Property Description

We are pleased to present a twenty (20) unit apartment building located at 138 N Soto St in Los Angeles, California. The subject property is located in a prime Boyle Heights location, just south of Cesar E Chavez Ave and west of Evergreen Ave. Located in Boyle Heights, this 20-unit multifamily asset features eleven studios, six one-bedroom units, and three two-bedroom units. Over $200,000 in building renovations include upgrades to nearly half of the units, while current rents offer approximately 20% upside. Select residences feature spacious kitchens, stainless-steel appliances, hardwood flooring, ample storage, and wall air conditioning. On-site laundry, separately metered gas and electricity, and an on-site manager handling daily operations and routine repairs support ease of ownership. Positioned near major commercial corridors, the property offers immediate access to the 5, 10, 101, and 60 freeways, walkability to the Soto Metro E Line station, and proximity to neighborhood parks, retail, dining, entertainment, and healthcare destinations throughout the surrounding community. With substantial capital improvements, approximately 20% rental upside, and on-site management, this Boyle Heights asset offers an opportunity to grow income while benefiting from convenient transit access and ease of ownership.

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features None

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

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138 N Soto St