1400 N Soto St Los Angeles, CA 90033

$625,000 Sold Price as of 09/24/2018

2 Beds
2 Baths
2,442 Sq.Ft.

Off Market

$625,000 Sold Price as of 09/24/2018 Refinance Your Mortgage

Map preview of 1400 N Soto St, Los Angeles, CA 90033

Property Overview: 1400 N Soto St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 2,442 living square feet and 8,224 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1400 N Soto St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1400 N Soto St

Last sold for $625,000 on September 24th, 2018

October, 2018
Oct 11, 2018

Date

Sold

CRMLS: 318002185

$625,000

Price
Sep 5, 2018

Date

Pending

CRMLS: 318002185

$625,000

Price
Jun 12, 2018

Date

Active

CRMLS: 318002185

$625,000

Price
Listing provided courtesy of CRMLS

Investor/Developer Dream in Boyle Heights! Directly across the street from Hazard Park and all the exciting changes that have taken place with new construction that is now housing students of USC School of Medicine - Keck Hospital - LAC-USC Medical Center and we hear there is still more exciting plans that will welcome tons of business opportunity. This area has received a makeover and is in high demand for more housing. Subject property is currently a mix-used consisting of 3 residential units and 1 commercial. Seller inquired, potential for construction of up to 4 Multi-Level Residential Units & the possibility to Sub-Divide the 8000+ Lot. Great opportunity for the savvy investor/developer to transform this property into a money-maker! Please, don't just take our word for it - take a drive through the neighborhood and see all the exciting changes that are currently taking place in this area.

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September, 2018
Sep 24, 2018

Date

Sold (Public Records)

Public Records

$625,000

Price
November, 2017
Nov 15, 2017

Date

Expired

CRMLS: 317006027

$575,000

Price
Aug 14, 2017

Date

Active

CRMLS: 317006027

$575,000

Price
Listing provided courtesy of CRMLS

Investor/Developer Opportunity in Boyle Heights. Directly across the street from Hazard Park and all the exciting changes taking place due to recent funding. This area is getting a complete makeover and this property is located right in the epicenter. Currently a mix used property consisting of 3 residential units and a commercial. Conveniently located near LAC-USC Medical Center, Downtown Los Angeles, Cal State LA, and all major freeways. Seller inquired, potential for construction of up to 4 residential units; buyer to verify. Plus, don't just take our word for it - take a drive through the neighborhood and see all the exciting developments currently taking place in this area.

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May, 2017
May 10, 2017

Date

Expired

CRMLS: 317001130

$549,000

Price
Mar 23, 2017

Date

Hold

CRMLS: 317001130

$549,000

Price
Feb 7, 2017

Date

Active

CRMLS: 317001130

$549,000

Price
Listing provided courtesy of CRMLS

Investor/Developer Opportunity in Boyle Heights. Directly across the street from Hazard Park and all the exciting changes taking place due to recent funding. This area is getting a complete makeover and this property is located right in the epicenter. Currently a mix used property consisting of 3 residential units and a commercial. Conveniently located near LAC-USC Medical Center, Downtown Los Angeles, Cal State LA, and all major freeways. Seller inquired, potential for construction of up to 4 residential units; buyer to verify. Plus, don't just take our word for it - take a drive through the neighborhood and see all the exciting developments currently taking place in this area.

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September, 2016
Sep 23, 2016

Date

Canceled

CRMLS: 316008204

$520,000

Price
Aug 30, 2016

Date

Price Change

CRMLS: 316008204

$520,000

Price
Listing provided courtesy of CRMLS

Investor/Developer Opportunity in Boyle Heights. Directly across the street from Hazard Park and all the exciting changes taking place due to recent funding. This area is getting a complete makeover and this property is located right in the epicenter. Currently a mix used property consisting of 3 residential units and a commercial. Conveniently located near LAC-USC Medical Center, Downtown Los Angeles, Cal State LA, and all major freeways. Seller inquired, potential for construction of up to 4 residential units; buyer to verify. Plus, don't just take our word for it - take a drive through the neighborhood and see all the exciting developments currently taking place in this area.

Continue Reading
October, 2015
Oct 2, 2015

Date

Price Change

CRMLS: 315009775

$499,000

Price
Listing provided courtesy of CRMLS

Investor/Developer Opportunity in Boyle Heights. Directly across the street from Hazard Park and all the exciting changes taking place due to recent funding. This area is getting a complete makeover and this property is located right in the epicenter. Currently a mix used property consisting of 3 residential units and a commercial. Conveniently located near LAC-USC Medical Center, Downtown Los Angeles, Cal State LA, and all major freeways. Seller inquired, potential for construction of up to 4 residential units; buyer to verify. Plus, don't just take our word for it - take a drive through the neighborhood and see all the exciting developments currently taking place in this area.

Continue Reading
May, 2014
May 27, 2014

Date

Sold (Public Records)

Public Records

$255,000

Price
December, 2013
Dec 17, 2013

Date

Price Change

CRMLS: 213007205

$379,999

Price
Listing provided courtesy of CRMLS

Great investor opportunity! Located across the street from Hazard Park and near the USC campus. Property includes 3 units - two residential and a dry cleaners. All units are tenant occupied. Property needs TLC. Sold in as-is condition. Buyer to verify permits and do their own investigations.

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Tax History for 1400 N Soto St

Assessed Value (2020): $637,500

Year	Land Value	Improved Value	Assessed Value
2020	$446,760	$190,740	$637,500

About 1400 N Soto St

Detailed summary of property

1400 N Soto St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90033 and last sold on September 24, 2018 for $625,000. This property has 2 bedrooms, 2 bathrooms, roughly 2,442 living square feet, and sits on an approximately 8,224 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 44.2% lower than the current median priced home. 1400 N Soto St was last sold on September 24, 2018 for $625,000. Local nearby listings include 537 N Cummings St, 3719 Ramboz Dr and 2520 Lincoln Park Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1400 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 1400 N Soto St

Public county record property details

Beds: 2
Baths: 2
Year built: 1922
Sq. Ft.: 2,442
Lot Size: 8,224
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8
APN: 5202-014-008

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

$749,000

Median List Price/Sq.Ft.

$444

Median Sold Price

$660,000

Median Sold Price/Sq.Ft.

$700

Total Inventory

Median Sale to List Price %

96.35%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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(714) 706-1823

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