Los Angeles, CA 90033 405 N Soto Street

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  • MLS# 21709150
  • 03/23/2021
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Presented By: Armin Soleimani with Global Platinum Properties, Inc..
  • Beds • 11
  • Baths • 11
  • Year Built • 1924

Home Details

11 cash-flowing units in the heart of BoyleHeights. Currently, cash flowing at an of 4.5% Cap Rate with a Proforma Cap of11.1% and GRM of 7.4. amazing value-Add opportunity with significant100%upside in rents. Low Cost per Unitof$175K/Unit and Low Cost per SF of$251/SF. 7 Parking Spaces in the back mostly being used by lower-paying tenants. Potential of adding 2 ADUs in the back. Individually metered for Gas &Electricity.
Presented By: Armin Soleimani with Global Platinum Properties, Inc..

General for 405 N Soto Street

MLS AreaBOYH - Boyle Heights
Parking FeaturesUncovered
Property TypeResidential Income
Senior Community Y/NNo
Total Units11
ZoningLAC1

Exterior for 405 N Soto Street

Lot Dimensions50x140
Lot Size Acres0.16
Lot Size Area6995
Lot Size Square Feet6995
Lot Size UnitsSquare Feet
Number of Buildings1

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group
Price $1,925,000
MLS#21709150
List Date 03/23/2021
Property Type Income
Phone 310.658.1749
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