$3,095,000
 $16,615 est/mo Sourced by Back At You

138 N Soto Street,Los Angeles, CA 90033

Los Angeles, CA 90033

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Description

We are pleased to present a twenty (20) unit apartment building located at 138 N Soto St in Los Angeles, California. The subject property is located in a prime Boyle Heights location, just south of Cesar E Chavez Ave and west of Evergreen Ave. Located in Boyle Heights, this 20-unit multifamily asset features eleven studios, six one-bedroom units, and three two-bedroom units. Over $200,000 in building renovations include upgrades to nearly half of the units, while current rents offer approximately 20% upside. Select residences feature spacious kitchens, stainless-steel appliances, hardwood flooring, ample storage, and wall air conditioning. On-site laundry, separately metered gas and electricity, and an on-site manager handling daily operations and routine repairs support ease of ownership. Positioned near major commercial corridors, the property offers immediate access to the 5, 10, 101, and 60 freeways, walkability to the Soto Metro E Line station, and proximity to neighborhood parks, retail, dining, entertainment, and healthcare destinations throughout the surrounding community. With substantial capital improvements, approximately 20% rental upside, and on-site management, this Boyle Heights asset offers an opportunity to grow income while benefiting from convenient transit access and ease of ownership.

Details

MLS #26103528
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site8
Listing Provided ByMarcus & Millichap | Kian Maronde

Features

Bed(s)10
Bath(s)20
SQ Feet13,920
Story(s)2
Units20
Building(s)1
ZoningLAR4
Acreage0.20

Parking

Parking FeaturesNone

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$3,095,000
low | high
Med:
$745,000
100% of Average
sqft:
13,920
low | high
Med:
2,756
100% of Average
$ / sqft:
$222
low | high
Med:
$270
28.421818983285% of Average
On site:
8
low | high
Med:
320
2.5% of Average
Sourced by Back At You

Market Activity 90033

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$3,095,000
low | high
Med:
$745,000
100% of Average
sqft:
13,920
low | high
Med:
2,756
100% of Average
$ / sqft:
$222
low | high
Med:
$270
28.421818983285% of Average
On site:
8
low | high
Med:
320
2.5% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.321M - $3.868M
sqft: 10,000 - 17,000
Nearby Listings Property ImageNearby Listings Details
2228 E Cesar E Chavez Property Photo 1
$2,999,999
2228 E Cesar E Chavez
Los Angeles, CA 90033
Listing Updated: October 20, 2026 at 1:01:53 PM PDT