Description
This is an attractive investment opportunity at 959 South Soto St, a 6-unit apartment building in Boyle Heights. Located close to the East Los Angeles Interchange, between 7th Street and Whittier Boulevard, the property has a greatmix of two-bedroom units and provides six parking spaces at the rare. Fully occupied upon delivery, investors can take advantage of a strong existing cash flow and a remarkable 33% rental upside during unit turnovers. Directly across from Salesian High School and close to various retail amenities along South Soto St, the property achieves a high Walk Score of 85. Easy access to major freeways like the 60, 5, 10, and 710 ensures a seamless commute to Downtown Los Angeles and the San Gabriel Valley. Positioned on the bustling main thoroughfare of Whittier Blvd, this Boyle Heights neighborhood is undergoing rapid gentrification, presenting a prime investment opportunity in a thriving and well-connected community.
Location
Similar Listings
14 Beds
8,578 Sq ft
$1,500,000
MLS# 24384551
ACTIVE
Listing Agent: Sevak Keshishian
Listing Office: Marcus & Millichap
$1,495,000
MLS# 19509000
ActiveUnderContract
Listing Agent: Moises Arroyo
Listing Office: The Core Agency
$1,400,000
MLS# OC24045869
ACTIVE
Listing Agent: Nathan Gruber
Listing Office: The Group Realty, Inc.
$1,399,900
MLS# GD22053185
ACTIVE
Listing Agent: Edgar Cruz
Listing Office: Bizken
$1,399,900
MLS# SR15194758
ACTIVE
Listing Agent: Francis De Quiros
Listing Office: Get Assured Inc
$1,395,000
MLS# DW24046404
ACTIVE
Listing Agent: Amparo Gastelum
Listing Office: Max Real Estate
$1,395,000
MLS# SR24100197
ACTIVE
Listing Agent: Ami Tabak
Listing Office: Sandstone Realty Inc.
$1,390,000
MLS# RS23224472
ACTIVE
Listing Agent: Lilly Lopez
Listing Office: Buyer's Choice Realty
$1,350,000
MLS# HD24059609
ActiveUnderContract
Listing Agent: Karla Carrillo
Listing Office: RE/MAX FREEDOM
$1,300,000
MLS# DW23159633
ACTIVE
Listing Agent: Amparo Gastelum
Listing Office: Max Real Estate
6 Beds
3 Baths
2,588 Sq ft
$1,299,000
MLS# 24377927
ActiveUnderContract
Listing Agent: Richard Wilkinson
Listing Office: Compass
$1,299,000
MLS# 24380943
ACTIVE
Listing Agent: Richard Wilkinson
Listing Office: Compass
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 18th May, 2024 6:18 AM (UTC)
Listing Agent: Neema Ahadian
Listing Office: Marcus & Millichap
Attribution contact:
