13 Units Delivered Vacant! 323 N. Soto Street presents an exceptional opportunity for investors in the heart of Boyle Heights. This well-maintained two-story apartment building, constructed in 1929, encompasses 10,364 square feet and comprises 40 units on a 6,993 square-foot lot. The unit mix is comprised of of (36) Studios/Bachelor units with bathrooms & (4) 1 Bed + 1 Bath units, catering to a diverse range of tenants. With 13 vacancies currently available, significant potential exists for a new owner to implement a value-add strategy. Conducting renovations of individual units and common areas to reposition the asset can result in market rental rates offering flexibility for short-term or long-term tenancies. A new owner can also participate in the Section 8 Housing program through entities like HACLA or its subsidiary programs such as PATH. Strategically located in the vibrant Boyle Heights neighborhood, just west of downtown Los Angeles, 323 N. Soto Street benefits from its central location. The area boasts a dense population and a strong working-class community. Residents enjoy convenient access to amenities such as MacArthur Park, popular taco trucks, and efficient public transportation options, including bus and metro lines. Major employers such as Kaiser Permanente, Bank
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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