$2,495,000
608 N Soto, Los Angeles CA 90033
Multi-Family (18 Units)
Property type
72 days
On market
$239
Price per sqft
0 cars
Garage
1929
Year built
6,986 sqft
Lot size
Open Houses
Overview
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.
Listing provided by: SOCORRO COMER DRE #00885737 909-496-8984, CALIFORNIA HOUSES
Listing updated: Mar 26, 2026 at 02:48am.
Last checked: Jun 5, 2026 at 07:31pm
Source: CRMLS #WS26064948
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 0 | 1 | — | $1,200 | $19,200 | $25,600 | Unfurnished |
| 2 | 1 | 1 | — | $1,200 | $2,400 | $3,600 | Unfurnished |
# of Buildings: 1
# of Units Total: 18
Separate Electric Meters: 19
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity
Financial Snapshot
Gross Rent Multiplier
10.3x
List Price / Annual Gross Rent
Cap Rate
5.05%
NOI / List Price
Gross Scheduled Income: $242,546
Vacancy Allowance: $7,266
Vacancy Allowance Rate: 3%
Operating Expense: $109,208
Net Operating Income: $126,072
Annual Operating Expenses
Electric: $0
Fuel: $4,543
Insurance: $21,000
Licenses: $1,920
Maintenance: $10,000
New Taxes: $31,188
Pest Control: $918
Professional Management: $14,100
Trash: $5,439
Water / Sewer: $19,800
Interior
Laundry: Common Area
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Sixteen To Twenty Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5177022015
Additional Parcels: No
Tax Lot: 14
Tax Block: 8
Community
Senior Community: No
Community Features: Urban
Nearby Schools
Nearby schools around the 608 N Soto, Los Angeles, CA 90033. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,996,000
Total Interest
$2,545,788
Total Payment
$4,541,788
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,365
per month
Property History for 608 N Soto
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90033.
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