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323 N Soto Street, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:CENTURY 21 LOTUS
323 N Soto Street,Los Angeles, CA 90033
$4,000,000
  • - Beds
  • - Baths
  • 10,364 sq. ft.
  • Multi-family
  • Active
Listed by: logan altman
Office: altman apartments llc.
MLS#:SR26043369
Source:CRMLS

Price summary

  • Price:$4,000,000
  • Price per sq. ft.:$385.95

About this home

Introducing The Silver on Soto Apartments - an exceptional investment opportunity in the thriving Boyle Heights neighborhood! This renovated 40-unit property at 323 N Soto Street, Los Angeles CA 90033 presents a turn-key asset with recent upgrades totaling over $300,000, including modern amenities and revitalized interiors. Strategically designed with a "Micro Unit" model, catering to the market demand for efficient living spaces, this property boasts a mix of bachelor units, maximizing revenue potential. With a current occupancy rate of 95% and a strong financial performance, this investment offers a solid NOI, presenting a current cap rate of 7.29% and a promising pro forma cap rate of 9.61%. Discover the potential for excellent returns and minimal capital expenditure requirements at The Silver on Soto Apartments! Turn-Key Renovated Asset in High-Growth Boyle Heights: This 40-unit apartment building underwent a comprehensive renovation in 2025. With over $300,000 in recently

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Home facts

  • Year built:1929
  • Listing ID #:SR26043369
  • Added:11 day(s) ago
  • Updated:March 06, 2026 at 11:29 AM

Rooms and interior

  • Flooring:Laminate
  • Kitchen Description:Electric Cooktop, Microwave, Refrigerator
  • Living area:10,364 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Wall Furnance

Structure and exterior

  • Year built:1929
  • Building area:10,364 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Near Public Transit, Rectangular Lot
  • Construction Materials:Drywall, Frame, Stucco
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,000,000
  • Price per sq. ft.:$385.95

Features and amenities

  • Appliances:Electric Cook Top
  • Amenities:Ceiling Fans, Multiple Staircases, Quartz Counters, Water Heater
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