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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

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6 Units in Los Angeles

933 S Soto St, Los Angeles, CA 90023, USA
Sold for$815,000$135,833/Per Unit

Description

We are pleased to exclusively offer for sale this turn-key multi-family investment in the city of Los Angeles. The subject property consists of 6 residential single story units spread amongst three separate structures. The subject property has been extremely well maintained by the current owner with recent improvements including copper plumbing, upgraded electrical, renovated kitchens and bathrooms, as well as double pane windows. Tenants enjoy onsite parking. Currently offered at a 12.3 GRM and 5.39% CAP Rate (based on current rents), a new investor can take advantage of an already strong rental market capitalizing on market rents and significantly increasing the overall cash-on-cash return.

  • Address: 933 S Soto St
  • City: East Los Angeles, Los Angeles
  • State/county: California
  • Zip/Postal Code: 90023
  • Neighborhood: East Los Angeles
  • Country: United States

Detail

Updated on April 8, 2019 at 8:16 am

  • Price: Sold for $815,000
  • Property Size: 2583 SqFt
  • Land Area: 8569 SqFt
  • Year Built: 1940
  • Property Type: Multi Family
  • Property Status: Closed Listing, Sold

Additional details

  • # of Units: 6
  • Unit Mix: 1 (2+2), 1 (1+1), 4 Studios
  • Zoning: LAC1
  • Cap Rate: 5.39%
  • GRM: 12.31
  • We Represented: Seller/Buyer
  • Close of Escrow: 2/16/18

WalkScore

walkscore83 / Very Walkable more details here

Contact info

Frank Zamora
Frank Zamora
(909) 294-2610(951) 897-6686
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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