Los Angeles, CA 90033,436 S Soto
Los Angeles, CA 90033,436 S Soto
Los Angeles, CA 90033,436 S Soto
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,500,000
Est. payment /mo
6,364 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26014659

HOA Y/N No

Year Built 1931

Lot Size 6,364 Sqft

Property Sub-Type Apartment

Property Description

Prime Investment Opportunity, this Spanish-style multifamily property has been meticulously maintained by the same ownership for over 30 years and features high vaulted-ceiling units with exceptional light and architectural character. The property presents a strong value-add opportunity with over 56% rental upside, driven by extremely large unit layouts, including select units exceeding 1,000 square feet, allowing for the potential addition of extra bedrooms, conversion to true two-bedroom units, and incorporation of in-unit laundry to significantly increase rental income. There is also additional 4 individual garages and additional space behind garages that lend perfectly to potential multiple ADU's build. Located in Boyle Heights submarket of Los Angeles, the asset is surrounded by major employment centers and lifestyle amenities such as Union Station, Crypto.com Arena, the Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, and Monterey Park Golf Club. Additional upside includes the potential to reduce property taxes through the Mills Act (buyer to verify eligibility), the opportunity to implement RUBS to reduce operating expenses (buyer to verify), and one unit can be delivered vacant at close of escrow, providing immediate repositioning flexibility. Seller financing may potentially be available, subject to mutually agreeable terms.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Fireplaces Type See Remarks

Fireplace Yes

Laundry Inside, Laundry Room

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 4

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5185001004

Energy Description 1.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Matthew Guerra KW Executive 909-997-9765

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Gabriella Charter

    Public | KG - 8

  • 9

    Solano Avenue Elementary School

    Public | KG - 6

  • 9

    Kipp los Angeles College Preparatory

    Public | 5 - 8

  • 9

    Kipp Sol Academy

    Public | 5 - 8

  • 8

    Puc Milagro Charter

    Public | KG - 5

  • 6

    Betty Plasencia Elementary

    Public | KG - 5

  • 6

    Center for Advanced Learning

    Public | KG - 5

  • 6

    20th Street Elementary School

    Public | KG - 5

  • 6

    Marianna Avenue Elementary School

    Public | KG - 6

  • 5

    Castelar Elementary School

    Public | KG - 5

  • 5

    Para los Ninos Charter

    Public | KG - 5

  • 5

    Vernon City Elementary School

    Public | KG - 6

  • 5

    Endeavor College Preparatory Charter

    Public | KG - 8

  • 5

    Griffin Avenue Elementary

    Public | KG - 5

  • 5

    Christopher Dena Elementary School

    Public | KG - 6

  • 5

    Sunrise Elementary School

    Public | KG - 6

  • 5

    Extera Public School No. 2

    Public | KG - 5

  • 5

    Malabar Street Elementary

    Public | KG - 6

  • 5

    Multnomah Street Elementary School

    Public | KG - 5

  • 5

    Huntington Drive Elementary

    Public | KG - 6

Middle Schools 18
  • 6

    Hollenbeck Middle School

    Public | 6 - 8

  • 5

    Synergy Kinetic Academy

    Public | 6 - 8

  • 5

    Los Angeles Leadership Academy

    Public | 6 - 12

  • 4

    Dr. Julian Nava Learning Academy - School of Business & Tech

    Public | 6 - 8

  • 4

    Puc Excel Charter Academy

    Public | 6 - 8

  • 4

    Belvedere Middle School

    Public | 6 - 8

  • 4

    El Sereno Middle School

    Public | 6 - 8

  • 3

    Animo Jefferson Charter Middle School

    Public | 6 - 8

  • 3

    Alliance College-Ready Middle Academy No. 5

    Public | 6 - 8

  • 3

    Stevenson Middle School

    Public | 6 - 8

  • 1

    Dr. Julian Nava Learning Acads-School of Arts and Culture

    Public | 6 - 8

  • 1

    Para los Ninos Middle School

    Public | 6 - 8

  • 0

    Los Angeles Unified Alternative Education

    Public | 7 - 12

  • 0

    Cds Secondary School

    Public | 6 - 12

  • 0

    Tri-C Community Day

    Public | 7 - 12

  • 0

    Pacific Ohana Acdemy

    Private | 6 - 12

  • 0

    Ramona Opportunity High School

    Public | 7 - 12

  • 0

    Kirby, Dorothy Camp

    Public | 7 - 12

High Schools 20
  • 9

    Downtown Business High School

    Public | 9 - 12

  • 9

    Francisco Bravo Medical Magnet High School

    Public | 9 - 12

  • 9

    Alliance Marc & Eva Stern Math and Science

    Public | 9 - 12

  • 8

    Math, Science, & Technology Magnet Academy at Roosevelt High School

    Public | 9 - 12

  • 8

    Los Angeles High School for the Arts

    Public | 9 - 12

  • 7

    Student Empowerment Academy

    Public | 9 - 12

  • 7

    Ramon C. Cortines School of Visual and Performing

    Public | 9 - 12

  • 7

    Oscar de la Hoya Animo Charter High School

    Public | 9 - 12

  • 6

    Usc Hybrid High School

    Public | 9 - 12

  • 6

    Animo Ralph Bunche High School

    Public | 9 - 12

  • 6

    Alliance Susan and Eric Smidt Technology High School

    Public | 9 - 12

  • 6

    Lincoln High School

    Public | 9 - 12

  • 5

    Roybal Learning Center

    Public | 9 - 12

  • 5

    Boyle Heights STEM High School

    Public | 9 - 12

  • 5

    Leadership in Entertainment and Media Arts (Lema)

    Public | 9 - 12

  • 5

    Esteban Torres High School - Engineering & Technology Academy

    Public | 9 - 12

  • 5

    Esteban Torres High School - East Los Angeles Renaissance Academy

    Public | 9 - 12

  • 5

    East Los Angeles Performing Arts Academy at Esteban E. Torres High School

    Public | 9 - 12

  • 4

    Nava College Preparatory Academy

    Public | 9 - 12

  • 4

    Woodrow Wilson High School

    Public | 9 - 12

School and business data provided by Attom Data.

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