$1,499,000

436 S Soto St Los Angeles, CA 90033

Estimated payment $9,667/month

Total Views 3,896
1 Bed
1 Bath
5,494 Sq Ft
$273 Price per Sq Ft

About This Home

Attractive Spanish Style Architecture Which Has Been Meticulously Maintained - High Vaulted Ceiling Units. Long Time Owner of 30+Years! Over 56% Rental upside (Value Add Potential)!! Extremely Large Units With Potential To Convert Into 2-Bedrooms With Laundry Room Surrounded by all amenities LA has to offer such as but not limited to: Union Station, Crypto.com Arena, Monterey Park Golf Club, Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, etc. Potential To Reduce Property Taxes With Mills Act (Buyers to do their own investigation) Potential To Implement RUBS (ratio utility billing system), and reduce recurring expenses.

Listing Agent

Matthew Guerra

KW Executive Brokerage Phone: 909-997-9765 License #02022646 Listed on: 05/19/2025

KW Executive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1931

Lot Details

  • 6,363 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 5,494 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 6 / 72
  • Tax Tract Number 1
  • Assessor Parcel Number 5185001004
  • $1,048 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Professional Management Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $30,518
  • Gross Income $8,234
  • Net Operating Income $66,326

Property Details

Home Type

Multi-Family

Year Built

Built in 1931

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 249833
  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1.00
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5185001004
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 272.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6363.00
  • Lot Size Acres: 0.1461

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 8234.00
  • Gross Scheduled Income: 98808.00
  • Insurance Expense: 1.00
  • Lot Size Area: 6363.0000 Square Feet
  • Net Operating Income: 66326.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 30518.00
  • Rent Control: Yes
  • Total Expenses: 30518.00
  • Vacancy Allowance: 2964

Tax Info

  • Tax Block: 72
  • Tax Census Tract: 2043.00
  • Tax Lot: 6
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 1048.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 For Sale $1,499,000 -- $273 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25111197

California Regional Multiple Listing Service (CRMLS)