Skip to Main Content
138 Soto Street, Los Angeles, CA 90033
Image Gallery
Property Photos
138 Soto Street
  1. Image 0 of 47 For 138 Soto Street
  2. Image 1 of 47 For 138 Soto Street
  3. Image 2 of 47 For 138 Soto Street
  4. Image 3 of 47 For 138 Soto Street
  5. Image 4 of 47 For 138 Soto Street
  6. Image 5 of 47 For 138 Soto Street
  7. Image 6 of 47 For 138 Soto Street
  8. Image 7 of 47 For 138 Soto Street
  9. Image 8 of 47 For 138 Soto Street
  10. Image 9 of 47 For 138 Soto Street
  11. Image 10 of 47 For 138 Soto Street
  12. Image 11 of 47 For 138 Soto Street
  13. Image 12 of 47 For 138 Soto Street
  14. Image 13 of 47 For 138 Soto Street
  15. Image 14 of 47 For 138 Soto Street
  16. Image 15 of 47 For 138 Soto Street
  17. Image 16 of 47 For 138 Soto Street
  18. Image 17 of 47 For 138 Soto Street
  19. Image 18 of 47 For 138 Soto Street
  20. Image 19 of 47 For 138 Soto Street
  21. Image 20 of 47 For 138 Soto Street
  22. Image 21 of 47 For 138 Soto Street
  23. Image 22 of 47 For 138 Soto Street
  24. Image 23 of 47 For 138 Soto Street
  25. Image 24 of 47 For 138 Soto Street
  26. Image 25 of 47 For 138 Soto Street
  27. Image 26 of 47 For 138 Soto Street
  28. Image 27 of 47 For 138 Soto Street
  29. Image 28 of 47 For 138 Soto Street
  30. Image 29 of 47 For 138 Soto Street
  31. Image 30 of 47 For 138 Soto Street
  32. Image 31 of 47 For 138 Soto Street
  33. Image 32 of 47 For 138 Soto Street
  34. Image 33 of 47 For 138 Soto Street
  35. Image 34 of 47 For 138 Soto Street
  36. Image 35 of 47 For 138 Soto Street
  37. Image 36 of 47 For 138 Soto Street
  38. Image 37 of 47 For 138 Soto Street
  39. Image 38 of 47 For 138 Soto Street
  40. Image 39 of 47 For 138 Soto Street
  41. Image 40 of 47 For 138 Soto Street
  42. Image 41 of 47 For 138 Soto Street
  43. Image 42 of 47 For 138 Soto Street
  44. Image 43 of 47 For 138 Soto Street
  45. Image 44 of 47 For 138 Soto Street
  46. Image 45 of 47 For 138 Soto Street
  47. Image 46 of 47 For 138 Soto Street
More Like This
  • MLS#: CV24193168 ( Apartment )
  • Street Address: 138 Soto Street
  • Viewed: 1
  • Price: $3,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1930
  • Bldg sqft: 0
  • Days On Market: 59
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90033
  • Provided by: CB RICHARD ELLIS
  • Contact: ERIC ERIC
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are delighted to introduce a prime investment opportunity: a well kept 20 unit building in Los Angeles Boyle Heights neighborhood. Strategically located between 1st Street and Cesar E Chavez Avenue, this 13,924 square foot property sits on a 9,283 square foot lot at 138 N Soto Street. This dynamic location places your investment at the epicenter of Los Angeles cultural and commercial scene. Residents will enjoy easy access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, Union Station and more. Major freeways (10, 5, 60, and 101) are just minutes away, along with a diverse array of shopping centers, restaurants, museums, and retailers. The propertys proximity to the bustling retail corridors on Cesar Chavez Boulevard and Soto Street offers unparalleled convenience and opportunity for future appreciation. This investment opportunity is in a highly sought after rental market within Boyle Heights. Over 75% of Boyle Heights residents occupy investment owned properties, underscoring the strong demand for rental housing in the area. Positioned amidst a thriving working class with a steady need for well maintained housing and easy access to major employers, 138 N Soto Street offers the perfect blend of value and income potential. Nearly 50% of the units have been renovated interiors, providing modern amenities, and attracting discerning renters. Individual units boast spacious kitchens with stainless steel appliances*, horizontal blinds, ample hallway storage, hardwood like flooring, large closets, built in drawers, and wall air conditioning. This pet friendly property also features low maintenance landscaping, secured access, and an on site laundry facility. 138 N Soto Street is a secure long term investment ideal for any investor seeking a strong return. This opportunity can be a great investment for a new or seasoned investor. *In Select Units
Property Location and Similar Properties
All
Similar
Request More Information
  • All fields are required.
Print Flyer
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Building Area Total
  1. 13924.00
Carport Spaces
  1. 0.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Days On Market
  1. 19
Electric Expense
  1. 12788.00
Fuel Expense
  1. 5895.00
Garage Spaces
  1. 0.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 7000.00
Laundry Features
  1. Common Area
Laundry Income
  1. 4530.00
Levels
  1. Two
Lot Features
  1. 16-20 Units/Acre
Netoperatingincome
  1. 199071.00
Newtaxesexpense
  1. 43739.00
Number Of Separate Electric Meters
  1. 20
Number Of Separate Gas Meters
  1. 20
Otherexpense
  1. 4000.00
Otherexpensedescription
  1. Reserves
Parcel Number
  1. 5180002021
Parking Features
  1. Street
Pest Control Expense
  1. 445.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 24017.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 423277594:CRM
Spa Features
  1. None
Suppliesexpense
  1. 2386.00
Totalactualrent
  1. 335556.00
Totalexpenses
  1. 130822.00
Trash Expense
  1. 6217.00
Uncovered Spaces
  1. 0.00
Vacancyallowance
  1. 10203
Water Sewer Expense
  1. 12789.00
Water Source
  1. Public
Year Built
  1. 1930
Year Built Source
  1. Assessor
Zoning
  1. LAR4