608 N Soto, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
Analysis of 608 N Soto, Los Angeles, California 90033 is currently available with a list price of $2,495,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1929, this multi-unit property is well-maintained but shows its age. While some units have been partially updated with newer laminate flooring and stone-look countertops, the overall style of the kitchens and bathrooms remains basic and dated. The property reflects regular upkeep rather than a comprehensive modern renovation, fitting the criteria for a functional but aged building.
Situated in the sought-after Boyle Heights area with immediate access to the 5 and 10 freeways and close proximity to Downtown Los Angeles, ensuring consistently high rental demand.
With 18 total units and only a portion currently upgraded, the property offers substantial upside through strategic renovations and market-rate rent adjustments.
The presence of a bus stop directly in front of the property provides exceptional public transportation options, a major draw for tenants in this high-density urban corridor.
Constructed in 1929, the building likely requires ongoing capital improvements and may face higher maintenance costs associated with older plumbing, electrical, and seismic requirements.
The unit composition is heavily weighted toward singles (16 out of 18 units), which typically experiences higher turnover rates and may limit the long-term stability found with larger family-sized units.
Centralized multi unit property. Close to downtown Los Angeles. Close to the 5 and 10 freeways. This is a sought out location. The property is well maintained, and has a bus stop in front of the property. Some of the units have been upgraded. 16 singles, and 2, 1 bedroom units. The property still has room for upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1929 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 25, 2026
$2,495,000
Initial Listing
Nov 21, 2002
$365,000
Public Record
Sep 20, 1994
$375,000
Public Record