320 S Soto Street Los Angeles, CA ^$ 625,000

320 S Soto Street

^$ 625,000

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320 S Soto Street

Los Angeles, CA, 90033

^$ 625,000

Studio Baths0.0 Sq 1,900

Monthly Estimate*

^$ 4,366

Listed by Hit Realty Group

320 S Soto Street, Los Angeles, CA 90033 - Image 1

Studio

Commercial Property for sale in Los Angeles, CA

for $625,000. This 1,900 square foot building was built in 1958 on a lot size of 0.1569.

Long term lease signed with National Tenant for a long term lease starting at $4,000 a month gross modified with escalations. Tenant plans to rebuild building and subdivide it into two tenancies. Potential for billboard advertising on busy street corner. Additional information provided with a submitted offer. Listing photo is a proposed rendering of the renovated space. All sales must be approved by the Court.

Commercial Active

Price

^$ 625,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1569

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23290901

Days on Market

307

Features

General

Heating None

Zoning LAC2

HOA 0.0

Year Built 1958

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions ProbateListing

Status Active

Directions On Street Corner

City Los Angeles

View Y/N N

Senior Community Y/N N

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 6836.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Soto

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 206

Standard Status Active

Exterior

Total Parking 8.0

Lot Size Area 6836.0

Spa N

Building Area Total 1900.0

Lot Size Acres 0.1569

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 320

* Excluded Features

List By

Hit Realty Group

Broker

(914) 843-1067

Phone

Affordability Calculator

$4,366

Per Month

Monthly Principal & Interest: $4,366
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,259,263

Percent of Sale Price 261%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/17/2023	$625,000	-3.85%	Price Down
10/12/2023	$650,000	-13.33%	Price Down
7/15/2023	$750,000		Listed Price

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320 S Soto Street, Los Angeles, CA, 90033 is a Commercial Property for sale at $625,000 with 1,900 sqft and a lot size of 0.1569. 320 S Soto Street is a studio with 0.0 baths and was built in 1958. The property's zip code is 90033 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/2024. 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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320 S Soto Street

Commercial Property for sale in Los Angeles, CA

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