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Off market
  • $1,424,100

    405 N Soto St, Los Angeles, CA 90033

    11beds
    11baths
    7,640sqft
    MultiFamily
    Built in 1924
    -- sqft lot
    $1,424,100 Zestimate®
    $186/sqft
    $1,925 Estimated rent

    Home value

    $1,424,100

    $1.20M - $1.67M

    $1,925/mo

    Zestimate® history
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    Owner options

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    $1,925/mo

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    $1,925/mo

    Rent Zestimate®

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    $9,143/mo

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    $9,143/mo

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    What's special

    11 cash-flowing units in the heart of Boyle Heights. Currently, cash flowing at of 4.58% Cap Rate with a Proforma Cap of 10.98% and GRM of 7.77. Amazing Value-Add opportunity with significant 100% upside in rents. Low Cost per Unit of $175K/Unit and Low Cost per SF of $261/SF. 7 Parking Spaces in the back are mostly being used by lower-paying tenants. Potential of adding 2 ADUs in the back. Individually metered for Gas & Electricity.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 11
    Heating
    • Wall, Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven
    Interior area
    • Total interior livable area: 7,640 sqft

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 6,995 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1924

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $186/sqft

    Price history

    DateEventPrice
    4/1/2022Listing removed--
    Source: CLAW #22-122541 Report a problem
    1/27/2022Listed for sale$1,995,000$261/sqft
    Source: CLAW #22-122541 Report a problem
    11/4/2021Listing removed--
    Source: CLAW Report a problem
    9/28/2021Price change$1,995,000+3.6%$261/sqft
    Source: CLAW #21788584 Report a problem
    8/18/2021Listed for sale$1,925,000$252/sqft
    Source: CLAW #21709150 Report a problem
    7/24/2021Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    3/9/2021Price change$1,495-25.1%
    Source: Zillow Rental Network_1 Report a problem
    2/20/2021Price change$1,995+33.4%
    Source: Zillow Rental Network_1 Report a problem
    10/15/2020Listed for rent$1,495
    Source: Go Section8 Report a problem
    9/23/2020Listing removed$1,925,000$252/sqft
    Source: Marcus & Millichap #20601178 Report a problem
    8/22/2020Price change$1,925,000-2.5%$252/sqft
    Source: Marcus & Millichap #20601178 Report a problem
    7/8/2020Listed for sale$1,975,000$259/sqft
    Source: Marcus & Millichap #20601178 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,424,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,424,100