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129 N Soto St, Los Angeles, CA 90033
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129 N Soto St Los Angeles, CA 90033

$1,110,000 Sold Price as of 08/04/2021
  • 5 Beds
  • 3 Baths
  • 1,770 Sq.Ft.
Sold
$1,110,000 Sold Price as of 08/04/2021 Refinance Your Mortgage
Map preview of 129 N Soto St, Los Angeles, CA 90033

Property Overview: 129 N Soto St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,770 living square feet and 8,264 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Duplex property for sale located in Los Angeles. Prime location close to shopping, eatery, and only 10 minutes from Downtown Los Angeles. Walking distance from Metro Station. 2 units for sale with possibility to build 20 units. Great investor opportunity!

Listed by Danny Villela | BRE #01793116 | BOT Real Estate
Last checked: 1 minute ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 39

Home details

Lot Sq. Ft
8,264
HOA Dues
$0/mo
Year built
1911
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PF21099498
City
Los Angeles
County
Los Angeles
Time on Site
1090 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $18,000
  • Net Operating Income: $16,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,800
  • New Taxes: $17,500
  • Trash: $840
  • Insurance: $1,200
  • Water/Sewer: $1,800

Property Details for 129 N Soto St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5183005016
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: North of 1st Street, South of Cesar Chavez
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 129 N Soto St

Last sold for $1,110,000 on August 4th, 2021

  • April, 2024

  • Apr 29, 2024

    Date

    Canceled

    CRMLS: MB24013209

    $1,499,000

    Price

  • Jan 22, 2024

    Date

    Active

    CRMLS: MB24013209

    $1,590,000

    Price

  • Listing provided courtesy of CRMLS

    >>>FRESH BACK ON THE MARKER<<< ALERT ALERT!! All investors & Developers, take a look at this amazing opportunity to acquire this amazing development that is fully "RTI"- ready to build 20 units multi-family dwelling in prime and high demand area of Boyle Heights. The building will consist of 3 stories! Total building square feet = 14,349. On the 1st floor will consist of 4 units (1 bedroom, 1 bath, on the 2nd floor 6 units (4 units 1 bedroom, 1 bath & 2 units - Studio, on the 3rd floor - 6 units (4 units - 1 bedroom, 1 bath + 2 units studios. And as per seller! Only 3 units are to be for low income and the rest are standard market rental value. This amazing development is walking distance to 1st Street shops & dining restaurants, Mariachi Plaza, and only blocks away from the Arts District Area, USC Medical Center, White Memorial Hospital and 6th street bridge, with easy access to the 5,10,60 and 101 freeways & walking distance to the newly completed Metro Gold Line station at East 1st Street. So, don't hesitate and let this great development opportunity get away.

  • September, 2023

  • Sep 21, 2023

    Date

    Canceled

    CRMLS: MB23143975

    $1,699,000

    Price

  • Aug 3, 2023

    Date

    Active

    CRMLS: MB23143975

    $1,699,000

    Price

  • Listing provided courtesy of CRMLS

    ALERT ALERT!! All investors & Developers, take a look at this amazing opportunity to acquire this amazing development-ready to build 20 units multi-family dwelling in prime and high demand area of Boyle Heights. The site will be RTI ready within 30 days or sooner if possible. The building will consist of 3 stories! Tota; building square feet = 14,349. On the 1st floor will consist of 4 units (1 bedroom, 1 bath, on the 2nd floor 6 units (4 units 1 bedroom, 1 bath & 2 units - Studio, on the 3rd floor - 6 units (4 units - 1 bedroom, 1 bath + 2 units studio and ONLY! As per seller 2-3 units are to be for low income and the rest are standard market rental value. This amazing development is walking distance to 1st St shops and dining, Mariachi Plaza, and only blocks away from the Arts District Area, USC Medical Center and 6th street bridge, with easy access to the 5,10, and 101 freeways & to the newly completed Metro Gold Line station at East 1st Street is only like 3-4 mins walking distance. So, don't hesitate and let this great opportunity get away.

  • August, 2021

  • Aug 5, 2021

    Date

    Sold

    CRMLS: PF21099498

    $1,110,000

    Price

  • Jun 21, 2021

    Date

    Active Under Contract

    CRMLS: PF21099498

    $1,250,000

    Price

  • May 26, 2021

    Date

    Price Change

    CRMLS: PF21099498

    $1,250,000

    Price

  • May 10, 2021

    Date

    Active

    CRMLS: PF21099498

    $1,400,000

    Price

  • November, 2000

  • Nov 14, 2000

    Date

    Sold (Public Records)

    Public Records

    $193,000

    Price

  • April, 1999

  • Apr 29, 1999

    Date

    Sold (Public Records)

    Public Records

    $140,000

    Price

Show More

Tax History for 129 N Soto St

Assessed Value (2020): $304,574
Year Land Value Improved Value Assessed Value
2020 $178,775 $125,799 $304,574

Home Value Compared to the Market

This property vs the competition

129 N Soto St sold on August 4, 2021 for 5.04% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $706.21 per/sqft which puts the price per square foot 6.46% lower than the current median sale per square foot for the city of Los Angeles.

About 129 N Soto St

Detailed summary of property

129 N Soto St is a duplex that recently sold in Los Angeles, CA 90033. This duplex offered 5 bedrooms, 3 bathrooms, roughly 1,770 living square feet, and sits on an approximately 8,264 square foot lot. 129 N Soto St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,110,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 5.04% higher than the current median priced home. Local homes that are currently for sale include 548 S Lorena St, 3333 Whittier Blvd and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 94 days, 129 N Soto St has a days on market of 39 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 129 N Soto St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 129 N Soto St

Public county record property details
Beds
5
Baths
2
Year built
1911
Sq. Ft.
1,770
Lot Size
8,264
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,14
APN
5183-005-016

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$778,000
Median List Price/Sq.Ft.
$536
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
13
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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