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Off market
  • $1,514,700

    531 N Soto St, Los Angeles, CA 90033

    8beds
    8baths
    7,528sqft
    MultiFamily
    Built in 1926
    -- sqft lot
    $1,514,700 Zestimate®
    $201/sqft
    $3,078 Estimated rent

    Home value

    $1,514,700

    $1.33M - $1.73M

    $3,078/mo

    Zestimate® history
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    $3,078/mo

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    $9,662/mo

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    $9,662/mo

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    What's special

    This large 8-unit apartment building is located in the Boyle Heights neighborhood of LA, which is only a few minutes east of Downtown LA's creative Arts District and Chinatown neighborhood. The two-story center hallway building consists of eight extremely large one-bedroom / one-bathroom units (approximately 941 SF each) and is situated on a 7,008 square foot lot. Tenants have secure and assigned parking spaces in the rear of the building. Presently, 3 units will be delivered vacant at the close of escrow while the remaining tenants are facing various types of evictions. The Seller will assign and/or assist the buyer with those unlawful detainers if requested. The property's exterior was recently painted, but the interior common areas and vacant apartments do need to be renovated. Because the units are so large, they have been unofficially used as two-bedroom units by its tenants, which is something the new owner can explore during renovations.

    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: 8
    • Bathrooms: 8
    Heating
    • Wall
    Cooling
    • Other
    Appliances
    • Included: Range / Oven
    Interior area
    • Total interior livable area: 7,528 sqft

    Property

    Lot
    • Size: 7,008 Square Feet

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1926

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $201/sqft

    Price history

    DateEventPrice
    11/22/2016Listing removed$1,299,000$173/sqft
    Source: Clockwork Investment Corporation #16178674 Report a problem
    11/9/2016Listed for sale$1,299,000+30.2%$173/sqft
    Source: The MLS #16178674 Report a problem
    3/12/2016Listing removed$998,000$133/sqft
    Source: CB Richard Ellis, Inc. #15962933 Report a problem
    2/20/2016Pending sale$998,000$133/sqft
    Source: CB Richard Ellis, Inc. #15962933 Report a problem
    1/20/2016Price change$998,000-5.8%$133/sqft
    Source: CB Richard Ellis, Inc. #15962933 Report a problem
    12/3/2015Listed for sale$1,060,000$141/sqft
    Source: CB Richard Ellis, Inc. #15962933 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,514,700
    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
    $1,514,700