Excellent Investment property located in the heart of Boyle Heights. Recently remodeled (2020-interior) 4 unit building house + 3 units @ 5% Cap. Newer electrical wiring, newer sub panels, front house has 220, newer drain lines, and newer copper plumbing in all units. The front detached house is a large 3 bedroom +1.5 bathroom. The other three units are (1 Bd/1 Bath). The low-maintenance property is located just minutes from DTLA, USC Medical Center, Cal State LA, Arts District, and many local eateries. Close to Metro and multiple freeways.
This property is under developing. Plans are in the city for the final review. Front existing building will be no change. There will be a new 3 floor building in the back yard. New building area would be 2352SF.
This property is under developing. Plans are in the city for the final review. Front existing building will be no change. There will be a new 3 floor building in the back yard. New building area would be 2352SF.
Property 701 S Soto St, Los Angeles, CA is a historic multi-family home that was built in 1910, offering a charming and timeless appeal. With a total finished area of 1,968 square feet, this two-story residence is situated on a spacious lot of 4,352 square feet. The property features two bathrooms and one half bathroom, providing ample convenience for all occupants. The bathrooms are well-maintained and designed to cater to modern needs while still retaining some of the classic elements from its original construction. The exterior of the property boasts a distinct architectural style that reflects the rich history of the area. The timeless design elements, such as the intricate detailing and the classic faade, contribute to the property's overall curb appeal. The landscaped lot creates a serene and inviting ambiance, providing a peaceful retreat amidst the bustling city. Located in the heart of Los Angeles, CA, this property enjoys the benefits of being in a highly sought-after neighborhood. The area is known for its vibrant culture, diverse community, and convenient access to various amenities. Residents can easily explore the nearby shops, restaurants, and entertainment options. The lot size of 4,352 square feet offers potential for outdoor living and expansion possibilities.
Property 701 S Soto St, Los Angeles, CA is a historic multi-family home that was built in 1910, offering a charming and timeless appeal. With a total finished area of 1,968 square feet, this two-story residence is situated on a spacious lot of 4,352 square feet. The property features two bathrooms and one half bathroom, providing ample convenience for all occupants. The bathrooms are well-maintained and designed to cater to modern needs while still retaining some of the classic elements from its original construction. The exterior of the property boasts a distinct architectural style that reflects the rich history of the area. The timeless design elements, such as the intricate detailing and the classic faade, contribute to the property's overall curb appeal. The landscaped lot creates a serene and inviting ambiance, providing a peaceful retreat amidst the bustling city. Located in the heart of Los Angeles, CA, this property enjoys the benefits of being in a highly sought-after neighborhood. The area is known for its vibrant culture, diverse community, and convenient access to various amenities. Residents can easily explore the nearby shops, restaurants, and entertainment options. The lot size of 4,352 square feet offers potential for outdoor living and expansion possibilities. Whether you envision a beautiful garden, a patio for relaxation, or additional space for recreational activities, this property provides the canvas to create your dream outdoor oasis. In summary, property 701 S Soto St, Los Angeles, CA is a captivating multi-family home built in 1910. With two bathrooms, one half bathroom, and a total finished area of 1,968 square feet, this two-story residence offers a timeless and charming living space. Situated on a 4,352 square feet lot, the property's historic and well-maintained exterior, along with its convenient location, make it a desirable investment opportunity with endless potential for customization and expansion.
$260K Price update! MOTIVATED SELLERS! Introducing an extraordinary investment opportunity nestled in the vibrant Boyle Heights neighborhood of Los Angeles. This mixed-use property, strategically positioned for both residential and commercial success, boasts a substantial lot size of 5,139 square feet. Comprising two separate buildings, the first encompasses a 728-square-foot salon, offering a turnkey investment with a month-to-month lease and an enticing 7% cap rate. The second building features a comfortable 2-bedroom/1-bath residence spanning 1,345 square feet. Notably, the residence includes a non-confirming studioa hidden income potential not currently reflected in the existing revenue. The month-to-month leases for both the salon and the residential unit provide flexibility for new owners, whether considering owner-occupation or optimizing rental terms. This property offers a unique house-hacking opportunity, allowing residents to live in the comfortable home while benefiting from the immediate income generated by the salon. Furthermore, with the potential for an SBA loan, financing options add an additional layer of appeal for savvy investors. Priced attractively at $500 per square foot for the residential component, this property stands out in the market. Beyond its im
$275K price update! MOTIVATED SELLERS! This mixed-use property features a blend of both commercial and residential spaces, making it an attractive prospect for investors seeking a diverse income stream and future growth potential. Boasting a generous lot size of 5,948 square feet, the property comprises two separate buildingsa 2,660-square-foot commercial market with a secure five-year lease and a 864-square-foot 2-bedroom/1-bath residence currently on a month-to-month tenancy. The commercial market provides a stable income with a remaining five-year lease, offering investors a reliable return at an attractive 7% cap rate. Meanwhile, the residential unit adds flexibility, allowing for owner occupation, rental, or potential conversion opportunities. This property presents a unique house-hacking opportunity by combining a commercial unit with residential space, allowing owners to live in one while generating income from the other, effectively offsetting living expenses. Priced at $500 per square foot for the residential component, this property is positioned competitively in the market. Its strategic location, with easy access to major transportation routes and proximity to downtown LA, further enhances its appeal. This investment opportunity not only provides immediate returns
Nice area of E.L.A. Close to everything, good investment property, rent one and live in the other one .
Amazing 3 UNIT property (Single Family Residence @ 3512) with a (Duplex @ 3514) in the hot community of Boyle Heights (City of L.A. services). *** FRONT HOUSE is a 5BR/13/4BA, 2-story Craftsman with 2BR on 1st floor and 3 bedrooms on 2nd floor and built in 1921. Large kitchen w/Quartz countertops and Breakfast Nook, Formal Dining Room, Living Room w/decorative fireplace mantle (not operational). All refinished hardwood floors on 1st floor. New laminate flooring throughout 2nd floor. Laundry Room w/washer and dryer connections. All Bathrooms have been fully remodeled w/new tub/shower, sinks, flooring and shower glass. 2nd floor Balcony off one of bedrooms, large basement and storage space. 1-Car Detached Garage w/automatic door opener + Carport (2-cars) currently being used as a backyard cover. Mature avocado tree in spacious & private fenced yard. Systems: New Electrical, recessed lighting throughtout, new wall heater, copper plumbing and ABS sewer. *** BACK DUPLEX is 2BR/1BA each and built in 1965 (3514 #1 - 1st floor and 3514 #2 - 2nd floor). Spacious bedrooms, Living Room, Kitchen w/Dining Areas in each. 1st flloor unit has its own Laundry Connections and wrap-around Yard space. Hardwood Floors throughout both units. 2 Parking spaces for back duplex. Entry to units is via alle
***DON'T MISS THIS GREAT INVESTMENT OPPORTUNITY***. Must see!!!!! There are four units on the property, two of the units have been remodeled and new roof. 2 beds and 1 bath on each unit, long-term tenants, well maintenances, pride of ownership, located in the easy access convenience public transportation.
First time buyers looking for a fixer, and investment opportunity! Looking to start your own portfolio, this would be an ideal deal! Single family residence with full car garage, and storage with permits for potential fixer. Sliding gate entrance on alley, providing access to home, and direct entrance to full car garage. May fit 2 small cars, with front and rear doors opened. Rare zoning LAR2. Property to be SOLD AS-IS. Pomona 60 and Santa Ana 5 Freeway exits nearby. South Lorena St. and Olympic Blvd main streets near home. This property will go fast!