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706 N. Soto St

Los Angeles , California 90033

Listing Type:
For Sale
Listing Price:
$1,975,000.00
Property Type:
Multi-Family
Property Subtype:
Low-Rise/Garden
Year Built:
1928
Listing Status:
Active
Building Size:
10668 SqFt
Land Area:
0.16 Acres

Description:

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.

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Westside

L.A. Westside

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