Listed By:
David Mansor with Hit Realty Group;
Address
320 S Soto Street, Los Angeles, CA
Price
$ 625,000
Property Attributes
  • MLS#23290901
  • TypeCommercial
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaBoyle Heights
  • Zip90033
  • Style
  • Price$ 625,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1900
  • Lot Size6,835 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
7/15/2023 Listed $750,000
10/12/2023 14% - $650,000
11/17/2023 4% - $625,000

General Features

Additional Parcels Y/N No
Assoc Fees 0.0
Association Y/N No
Attached Garage No
Carport Y/N No
City Los Angeles
County Los Angeles
Days on Market 125
Directions On Street Corner
Garage Y/N No
Heating None
Home Warranty Y/N No
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 6836.0
MLS Area BOYH - Boyle Heights
Mobilehomeremainsyn No
New Construction No
Private Pool No
Property Attached Y/N No
Property Type CommercialSale
Rent Control Y/N No
Senior Community Y/N No
Special Listing Conditions ProbateListing
Standard Status Active
Status Active
Street Name Soto
View Y/N No
Waterfront Y/N No
Year Built 1958
Zoning LAC2

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Y/N No
Heating Y/N No
Laundry Features None
Street Suffix Street

Exterior Features

Building Area Total 1900.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.1569
Lot Size Area 6836.0
Lot Size Units SquareFeet
Open Parking Y/N No
Spa No
Total Parking 8.0

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 90033

Price
AVG $1.6M
$630K
Visits
AVG 98
159
Data Provided by Inside Real Estate®
Year Built
AVG 1930
1958
Walkscore
AVG 90
92
Data Provided by Walkscore® not using MLS data