Property Listing No Longer Available for Sale

724 S Soto St, Boyle Heights, CA

Multi-family for Sale - $450,000 - 1,820 Sq. Ft. on 0.11 acres


Property Info

CIMLS#930128
Location
  724 S Soto St
  Boyle Heights CA 90023
UpdatedAugust 7th, 2017
TypeMulti-family
Price$450,000
Building1,820 Sq. Ft.
Land0.11 acres

Property Description

Located in one of the fastest growing markets in L.A. 724 South Soto Street is in the community of Boyle Heights, City of Los Angeles. The property is between Whittier Blvd and 6th Street in a highly sought after investment market in Los Angeles. Built in 1925, this investment is perfect for someone seeking to acquire well-managed and maintained property with value-add opportunities. The investment consists of one street front retail unit and two residential units.

Location Description:

Exceptional Boyle Heights location! Close to the 5 and 101 Freeways, in a community with historically high occupancy rates. Conveniently located! Walking distance from Whittier Blvd, local and regional transport hubs, and neighborhood services. A short commute drive to the Arts District, regional shopping, restaurants, employment, and all that Downtown Los Angeles has to offer.

Highlights:

>> Fully Occupied

>> High Demand Markets

>> Gated Parking

>> Gated Entry

>> High Walkability Score

>> Near Public Transit and Major Freeways

>> Value-Add Opportunity

>> Seller Has Owned For Over 30 Years

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Financials


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