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215 S Soto St, Los Angeles, CA 90033
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215 S Soto St Los Angeles, CA 90033

$826,000 Sold Price as of 09/15/2022
  • 4 Beds
  • 3 Baths
  • 2,865 Sq.Ft.
Sold
$826,000 Sold Price as of 09/15/2022 Refinance Your Mortgage
Map preview of 215 S Soto St, Los Angeles, CA 90033

Property Overview: 215 S Soto St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,865 living square feet and 6,712 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Remarkable value!!! Rare to find 2865 sq. ft. Tri-Plex with 6712 sq. ft. lot size in prime Boyle Heights location. This 3-unit apartment building offers two 1-bedroom, 1 bath units, and one 2-bedroom, 1 bath unit. All tenants are on month to month leases with large upside potential. Owner pays for water and trash. Excellent curb appeal with plenty of parking in front.Drive by only, please do not disturb tenants. Please see revised Addendum #1 (revised 7/12/22) in Documents.

Listed by Pauline Ching | BRE #01503721 | DPP
Co-listed by Monica Hsu | BRE #01878067 | DPP
Last checked: 2 minutes ago | Last updated: September 29th, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,712
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
P1-10328
City
Los Angeles
County
Los Angeles
Time on Site
662 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $773
  • Total Rent: $773
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $726
  • Total Rent: $726
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $550
  • Total Rent: $550
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $24,588
  • Net Operating Income: $18,635
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $5,953
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $960
  • Insurance: $595
  • Water/Sewer: $3,240
  • Other Expense Description: property tax

Property Details for 215 S Soto St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Has Fence
  • Block, Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Unassigned, Concrete, Uncovered, Shared Driveway, Paved, On Site
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Public Records
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5183010005
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Between 1st and 4th St., south of E. Cesar Chavez Ave.
Neighborhood Information
  • Community Features: Street Lights, Urban, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 215 S Soto St

Last sold for $826,000 on September 15th, 2022

  • September, 2022

  • Sep 15, 2022

    Date

    Sold

    CRMLS: P1-10328

    $826,000

    Price

  • Jul 7, 2022

    Date

    Active

    CRMLS: P1-10328

    $700,000

    Price

Tax History for 215 S Soto St

Assessed Value (2020): $52,613
Year Land Value Improved Value Assessed Value
2020 $29,560 $23,053 $52,613

Home Value Compared to the Market

This property vs the competition

215 S Soto St sold on September 15, 2022 for 41.18% lower 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 $244.33 per/sqft which puts the price per square foot 67.64% lower than the current median sale per square foot for the city of Los Angeles.

About 215 S Soto St

Detailed summary of property

215 S Soto St is a apartment that recently sold in Los Angeles, CA 90033. This apartment offered 4 bedrooms, 3 bathrooms, roughly 2,865 living square feet, and sits on an approximately 6,712 square foot lot. 215 S Soto St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $826,000. 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 41.18% lower than the current median priced home. Local homes that are currently for sale include 130 S Clarence St, 2530 Ganahl St and 3035 Winter St. While the average home in Los Angeles, CA is selling in 92 days, 215 S Soto St has a days on market of 12 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 215 S 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 215 S Soto St

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
2,865
Lot Size
6,711
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5183-010-005

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.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
12
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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