Los Angeles, CA 90033 518 S Soto Street

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Presented By: Joseph Olvera with Arroyo Seco Realty Corp.; 323-239-5105
  • MLS# GD24188513
  • 09/11/2024
  • Request Tour
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  • Beds • 15
  • Baths • 3
  • SQFT • 2

Home Details

Price Reduction !! Seller wants this property SOLD! Triplex Triplex ...Units 518 and 518 1/2: These two attached units each offer two bedrooms and one bathroom. Unit 518 is the larger of the two and boasts several modern updates, enhancing both comfort and style. Unit 518 1/2, while slightly smaller, is exceptionally functional and includes its own private, small fenced backyard—perfect for outdoor relaxation. Detached Unit: Unit 520: This stand-alone unit offers added privacy and its own private back patio. It has been recently updated with a new bathroom and kitchen, and several windows have been replaced to improve energy efficiency and aesthetics. The unit also benefits from gated off-street parking. Additional features of the property include alley access and parking for one car per unit. Recent city inspections have been completed, and the property has passed all required evaluations, ensuring it's ready for future development. This investment offers a mix of updated living spaces and practical features, making it a promising addition to your portfolio.
Presented By: Joseph Olvera with Arroyo Seco Realty Corp.; 323-239-5105

Interior Features for 518 S Soto Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, Inside
Total Stories1

Other Rooms

Entry Level1

General for 518 S Soto Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
ContingencyBuyer to cooperate with sellers 1031 Exchange at no cost to buyer.
CountyLos Angeles
Days on Market7
DirectionsSouth on Soto St.
Electric Expense0.0
Entry LocationGround
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income4394.0
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet5341.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income350.0
New ConstructionNo
NumberOfUnitsTotal3
Operating Expense250.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot7
TermsItem1031Exchange
Trash Expense60.0
View Y/NNo
Water Sewer Expense60.0
Waterfront Y/NNo
Year Built1924
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 518 S Soto Street

Building Area Total2.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsProperty to be sold with Tenants
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1226
Lot Size Area5341.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Stephen Pliaconis

Pliaconis Realty Group REALTOR® DRE 02015480
Price $835,000
MLS#GD24188513
List Date 09/11/2024
Property Type Multi-Family
Phone 310.658.1749
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