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$ 1,499,000
Est. payment /mo
Active
436 S Soto Street Los Angeles, CA 90033
1 Bed
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25111197
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
Attractive Spanish Style Architecture Which Has Been Meticulously Maintained - High Vaulted Ceiling Units. Long Time Owner of 30+Years! Over 56% Rental upside (Value Add Potential)!! Extremely Large Units With Potential To Convert Into 2-Bedrooms With Laundry Room Surrounded by all amenities LA has to offer such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, etc. Potential To Reduce Property Taxes With Mills Act (Buyers to do their own investigation) Potential To Implement RUBS (ratio utility billing system), and reduce recurring expenses.
Location
State CA
County Los Angeles
Zoning Assessor
Direction On Soto south of 4th
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5185001004
Acceptable Financing Cash, Conventional, Exchange, Seller May Carry
Listing Terms Cash, Conventional, Exchange, Seller May Carry
Listed by Matthew Guerra KW Executive