436 S Soto Street new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25111197
Bedrooms 1
Lot Size 6,363 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Attractive Spanish Style Architecture Which Has Been Meticulously Maintained - High Vaulted Ceiling Units. Long Time Owner of 30+Years! Over 56% Rental upside (Value Add Potential)!! Extremely Large Units With Potential To Convert Into 2-Bedrooms With Laundry Room Surrounded by all amenities LA has to offer such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, etc. Potential To Reduce Property Taxes With Mills Act (Buyers to do their own investigation) Potential To Implement RUBS (ratio utility billing system), and reduce recurring expenses.
Attractive Spanish Style Architecture Which Has Been Meticulously Maintained - High Vaulted Ceiling Units. Long Time Owner of 30+Years! Over 56% Rental upside (Value Add Potential)!! Extremely Large Units With Potential To Convert Into 2-Bedrooms With Laundry Room Surrounded by all amenities LA has to offer such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, etc. Potential To Reduce Property Taxes With Mills Act (Buyers to do their own investigation) Potential To Implement RUBS (ratio utility billing system), and reduce recurring expenses.
Location
State CA
County Los Angeles
Area Los Angeles (90033)
Zoning Assessor
Building
Story 2
Others
Monthly Total Fees $87
Acceptable Financing Cash,Conventional,Exchange,Seller May Carry
Space Rent $1,372
Listing Terms Cash,Conventional,Exchange,Seller May Carry