1400 N Soto Street

    Los Angeles (City), CA 90033
    • $625,000
    • STATUS: Closed
    • ON SITE: 179 days
    • ID#: 318002185
    Sold - 09/24/2018
    $625,000
    SOLD - 09/24/2018
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,442
      SQFT
    • $256
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    Investor/Developer Dream in Boyle Heights! Directly across the street from Hazard Park and all the exciting changes that have taken place with new construction that is now housing students of USC School of Medicine - Keck Hospital - LAC-USC Medical Center and we hear there is still more exciting plans that will welcome tons of business opportunity. This area has received a makeover and is in high demand for more housing. Subject property is currently a mix-used consisting of 3 residential units and 1 commercial. Seller inquired, potential for construction of up to 4 Multi-Level Residential Units & the possibility to Sub-Divide the 8000+ Lot. Great opportunity for the savvy investor/developer to transform this property into a money-maker! Please, don't just take our word for it - take a drive through the neighborhood and see all the exciting changes that are currently taking place in this area.

    Sold by Edgard Pearce of First Family Homes.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-09T20:28:17.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/84532567

    1400 N Soto Street Los Angeles (City), CA 90033

    • Price: $625,000
    • Status: Closed
    • Updated: 6 min ago
    • ID#: 318002185
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    2,442
    SQFT
    $256
    $/SQFT
    1922
    Built
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property Description
    Investor/Developer Dream in Boyle Heights! Directly across the street from Hazard Park and all the exciting changes that have taken place with new construction that is now housing students of USC School of Medicine - Keck Hospital - LAC-USC Medical Center and we hear there is still more exciting plans that will welcome tons of business opportunity. This area has received a makeover and is in high demand for more housing. Subject property is currently a mix-used consisting of 3 residential units and 1 commercial. Seller inquired, potential for construction of up to 4 Multi-Level Residential Units & the possibility to Sub-Divide the 8000+ Lot. Great opportunity for the savvy investor/developer to transform this property into a money-maker! Please, don't just take our word for it - take a drive through the neighborhood and see all the exciting changes that are currently taking place in this area.
    Exterior Features

    Architectural Style Bungalow Carport Spaces 0.00 Foundation Details See Remarks Garage Spaces 0.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Private YN No Spa YN No View YN No

    Interior Features

    Average Studio Area 0 Average1 Bed Area 0 Average2 Bed Area 0 Average3 Bed Area 0 Common Walls No Common Walls Fireplace YN No Flooring See Remarks Levels One

    Property Features

    Association YN No Cable Tv Expense 0.00 Cap Rate 0.00 Country Us Electric Expense 0.00 Fuel Expense 0.00 Furniture Replacement Expense 0.00 Garage Income 0.00 Gross Equity 0 Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Gross Scheduled Income 0.00 Gross Spendable Income 0.00 Improvements Amount 0 Improvements Percent 0.00 Insurance Expense 0.00 Land Lease Amount 0.00 Land Value 0 Land Value Percent 0.00 Laundry Income 0.00 Licenses Expense 0.00 Maintenance Expense 0.00 Maintenance Percent 0.00 Net Operating Income 0.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 0 Number Wall AC 0 Number With Carpet 0 Number With Dishwasher 0 Number With Disposal 0 Number With Drapes 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 0.00 Operating Expense Percent 0.00 Other Expense 0.00 Other Income1 0.00 Other Income2 0.00 Personal Property Amount 0 Personal Property Percent 0.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Security Expense 0.00 Sold Cap Rate 0.00 Special Listing Conditions Standard Supplies Expense 0.00 Tax Rate 0.00 Taxes Percent 0.00 Total Actual Rent 0.00 Total Expenses 0.00 Trash Expense 0.00 Vacancy Allowance 0 Vacancy Allowance Rate 0.00 Walk Score 0 Water Sewer Expense 0.00 Workmans Compensation Expense 0.00 Zoning Lard2

    Listing provided courtesy of Camilo Valentin of Red House Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-09T20:28:17.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094