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

$2,350,000
  • 14 Beds
  • 16 Baths
  • 11,034 Sq.Ft.
For Sale
$2,350,000 Get Pre-Qualified
Map preview of 600 N Soto St, Los Angeles, CA 90033

Property Overview: 600 N Soto St Los Angeles, CA has 14 bedrooms, 16 bathrooms, 11,034 living square feet and 6,976 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 6 minutes ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
6,976
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24417155
City
Los Angeles
County
Los Angeles
Time on Site
62 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,198
  • Total Rent: $9,589
  • Pro Forma/Market Rent: $12,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,470
  • Total Rent: $2,940
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,294
  • Total Rent: $7,768
  • Pro Forma/Market Rent: $13,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.57%
  • Gross Rent Multiplier: 9.65
  • Gross Scheduled Income: --
  • Net Operating Income: $130,839
  • Gross Operating Income: $259,047
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 600 N Soto St

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Property Details for 600 N Soto St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 16
  • Parcel Number: 5177022016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Boulder Street, South of Malabar Street, East of Breed St, West of N fickett St
View more facts & features

Local Los Angeles Agent

Sale History for 600 N Soto St

Last sold for $1,687,500 on June 24th, 2016

  • July, 2024

  • Jul 18, 2024

    Date

    Active

    CRMLS: 24417155

    $2,495,000

    Price

  • June, 2016

  • Jun 24, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,687,500

    Price

  • November, 2002

  • Nov 7, 2002

    Date

    Sold (Public Records)

    Public Records

    $645,000

    Price

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Tax History for 600 N Soto St

Assessed Value (2020): $1,826,603
Year Land Value Improved Value Assessed Value
2020 $865,945 $960,658 $1,826,603

Home Value Compared to the Market

This property vs the competition

600 N Soto St is listed 95.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $212.98 per/sqft which puts the price per square foot 72.27% lower than the median price per square foot for the city of Los Angeles.

About 600 N Soto St

Detailed summary of property

600 N Soto St is a multi family located in Los Angeles, CA 90033 and is currently for sale. This multi family property offers 14 bedrooms, 16 bathrooms, roughly 11,034 living square feet, and sits on an approximately 6,976 square foot lot. 600 N Soto St was first listed on ArdentRealEstateGroup.com on July 18, 2024. The homeowner is currently asking $2,350,000 and was originally asking $2,495,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 95.83% higher than the median priced home. Local competing homes currently for sale include 1445 Calumet Ave, 3925 Barrett Rd and 1427 Laveta. While the average home in Los Angeles, CA is selling in 106 days, 600 N Soto St has a days on market of 63 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 600 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 600 N Soto St

Public county record property details
Beds
8
Baths
16
Year built
1924
Sq. Ft.
11,034
Lot Size
6,974
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5177-022-016

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
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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Recently Sold Homes Near 600 N Soto St

610 N Soto St, Los Angeles, CA 90033
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2 Baths
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610 N Soto St
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432 N Breed St, Los Angeles, CA 90033
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2402 Malabar St, Los Angeles, CA 90033
$1,250,000 Last Sold Price
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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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