#DW25038294, Danny Navarro, Listing Office: Century 21 Allstars
#CV25015751·
Listing Office: CB RICHARD ELLIS·
Listing Agent: ERIC CHEN·
Listing Office Phone: 626-757-5717
$3,345,000 List price
138 N Soto St Los Angeles, CA 90033
0.2 acres
Condo
Property details
About 138 N Soto St
We are delighted to introduce a prime investment opportunity: a well-kept 20-unit building in Los Angeles’ Boyle Heights neighborhood. Strategically located between 1st Street and Cesar E Chavez Avenue, this ±13,924 square foot property sits on a ±9,283 square foot lot at 138 N Soto Street. This dynamic location places your investment at the epicenter of Los Angeles’ cultural and commercial scene. Residents will enjoy easy access to Downtown Los Angeles, the L.A. Live entertainment complex, USC Health Sciences Campus, Dodger Stadium, Union Station and more. Major freeways (10, 5, 60, and 101) are just minutes away, along with a diverse array of shopping centers, restaurants, museums, and retailers. The property’s proximity to the bustling retail corridors on Cesar Chavez Boulevard and Soto Street offers unparalleled convenience and opportunity for future appreciation. This investment opportunity is in a highly sought-after rental market within Boyle Heights. Over 75% of Boyle Heights residents occupy investment-owned properties, underscoring the strong demand for rental housing in the area. Positioned amidst a thriving working class with a steady need for well-maintained housing and easy access to major employers, 138 N Soto Street offers the perfect blend of value and income potential. Nearly 50% of the unit interiors have been renovated, providing modern amenities and attracting discerning renters. Individual units boast spacious kitchens with stainless-steel appliances*, horizontal blinds, ample hallway storage, hardwood-like flooring, large closets, built-in drawers, and wall air conditioning. This pet friendly property also features low-maintenance landscaping, secured access, and an on-site laundry facility. With historically low vacancy and consistent rental income, 138 N Soto Street is a secure long-term investment ideal for any investor seeking a strong return. This opportunity can be a great investment for a new or seasoned investor. *In Select Units
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.2045 Acres
Year built1930
MLS #CV25015751
Summary
- MLS Number: CV25015751
- MLS Name: CRMLS
- Office Name: CB RICHARD ELLIS
- Office Phone: (626) 757-5717
- Listing Agent: ERIC CHEN
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,345,000
138 N Soto St
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 09, 2018 | Home Sold | $2,900,000 |
| Jun 15, 2016 | Home Sold | $2,200,000 |
| Jun 30, 1994 | Home Sold | $340,000 |
| Aug 22, 1989 | Home Sold | $735,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $3,241,001 | $40,891 |
| 2023 | $3,177,571 | $40,121 |
| 2022 | $3,115,385 | $38,300 |
| 2021 | $3,054,417 | $37,780 |
| 2020 | $3,017,160 | $36,677 |
| 2019 | $2,958,000 | $29,168 |
| 2018 | $2,288,880 | $28,515 |
| 2017 | $2,244,000 | $28,515 |
History based on county public records data.
Nearby schools
3
Breed Street Elementary School
Public District KG-6
0.3 mi
•2226 E 3rd St
6
1st Street Elementary
Public District PK-6
0.4 mi
•2820 E 1st St
4
Sheridan Street Elementary School
Public District PK-6
0.4 mi
•416 Cornwell St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,213. The majority of Los Angeles, CA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
68%
<35k
28%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
41%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
23%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 138 N Soto St
This home is located at 138 N Soto St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 22, 2025 and is currently priced at $3,345,000.
Over 212 listings were sold over their listed price in February 2025 in Los Angeles, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. Between January and February 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.
From Rocket Homes Real Estate and based on county public records data.