Home | Los Angeles County | Los Angeles | 90033 | 323 N Soto St
MLS: CRSR26043369 | Status: | Price: $4,000,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,993 | 1929 |
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 (
| Field | Value |
|---|---|
| MLS # | CRSR26043369 |
| MLS Source | California Regional MLS |
| Days on Site | 55 |
| Feature | Details |
|---|---|
| Appliances | Microwave, Other |
| Flooring | Laminate |
| Laundry | Community Facility |
| Cooling | None |
| Heating | Gas, Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | No Parking, Garage: 0 Car(s) |
| HOA Fee | $0 |
Logan Altman
Altman Apartments LLC
License #: 01965826
Phone: –
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
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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.