Property Details
About this Property
Introducing The Silver on Soto Apartments - an exceptional investment opportunity in the thriving Boyle Heights neighborhood! This renovated 40-unit property at 323 N Soto Street, Los Angeles CA 90033 presents a turn-key asset with recent upgrades totaling over $300,000, including modern amenities and revitalized interiors. Strategically designed with a "Micro Unit" model, catering to the market demand for efficient living spaces, this property boasts a mix of bachelor units, maximizing revenue potential. With a current occupancy rate of 95% and a strong financial performance, this investment offers a solid NOI, presenting a current cap rate of 7.29% and a promising pro forma cap rate of 9.61%. Discover the potential for excellent returns and minimal capital expenditure requirements at The Silver on Soto Apartments! Turn-Key Renovated Asset in High-Growth Boyle Heights: This 40-unit apartment building underwent a comprehensive renovation in 2025. With over $300,000 in recently completed upgrades—including new plumbing, electrical systems, paint, flooring, and cabinetry—the property offers a modernized, turn-key investment with minimal immediate capital expenditure requirements. Strategic "Micro Unit" Model Maximizing Market Efficiency: Composed primarily of bachelor units (
MLS Listing Information
MLS #
CRSR26043369
MLS Source
California Regional MLS
Days on Site
11
Interior Features
Appliances
Microwave, Other
Flooring
Laminate
Laundry
Community Facility
Cooling
None
Heating
Gas, Wall Furnace
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
323 N Soto St is a Residential Income in Los Angeles, CA 90033. This – square foot property sits on a 6,993 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,000,000 and was built in 1929. This address can also be written as 323 N Soto St, Los Angeles, CA 90033.
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This listing information is up-to-date as of February 27, 2026. For the most current information, please contact Logan Altman
