323 N Soto Street, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
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:1 day(s) ago
  • Updated:February 27, 2026 at 12:42 PM

Rooms and interior

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

Heating and cooling

  • Heating:Natural Gas, Wall Furnace

Structure and exterior

  • Year built:1929
  • Building area:10,364 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Near Public Transportatn, Over 40 Units/Acre, Rectangular Lot
  • Construction Materials: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 Cooktop, Microwave, Refrigerator, Water Heater
  • Laundry features:Common Area
  • Amenities:Ceiling Fans, Multiple Staircases, Quartz Counters, Resident Manager, Smoke Detectors
Based on information from California Regional Multiple Listing Service, Inc. as of February 27, 2026 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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