706 N. Soto St
Los Angeles , California 90033
- Listing Type:
- For Sale
- Listing Price:
- Property Type:
- Property Subtype:
- Year Built:
- Listing Status:
- Building Size:
- 10668 SqFt
- Land Area:
- 0.16 Acres
KW Commercial is pleased to present this 10,668 SF 12-Unit Multi-Family Apartment Building in the Boyle Heights neighborhood of East Los Angeles. It is located on a 7,012 SF R3 zoned lot.
The property's unit mix consists of (2) Studio+1BA units, (5) 1BD + 1BA units, (4) 2BD +1BA units and (1) 3BD +1BA unit.
The subject property has an on-site laundry facility, flat roof with skylights, secured entry, and alley access at the rear of the property. In addition, the property has spectacular views of Downtown Los Angeles Skyline & Dodgers Stadium.
This opportunity is located in one of the most up & coming areas of Los Angeles. It will attract an investor looking to purchase a multi-family property in an infill location with easy access to public transportation, parks, and shopping areas.
■ APPROX. 10,668 SF 2-STORY APARTMENT BUILDING ON R3 ZONED LOT.
■ THE TENANTS UNIT MIX CONSISTS OF - (2) STUDIO + 1BA, (5) 1BD + 1BA, (4) 2BD + 1BA, AND (1) 3BD + 1BA.
■ THIS AREA IS A WALKER'S PARADISE WITH A SCORE OF 86 & HAS EXCELLENT ACCESS TO LOCAL TRANSPORTATION: APPROXIMATELY 1/2 A MILE TO THE SOTO GOLD LINE METRO STATION.
■ THE PROPERTY IS JUST 1/2 A MILE FROM THE LAC+USC MEDICAL CENTER.
■ THE PROPERTY IS LOCATED IN BOYLE HEIGHTS, ONE OF THE BUSIEST AREAS OF LA: OVER 50,000 PEOPLE RESIDE WITHIN A 1-MILE RADIUS & OVER 300,000 PEOPLE RESIDE WITHIN A 3-MILE RADIUS.