702 S Soto Los Angeles, CA ^$ 975,000

702 S Soto

^$ 975,000

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702 S Soto

Los Angeles, CA, 90023

^$ 975,000

Studio Baths2.1 Sq 2,576

Monthly Estimate*

^$ 6,083

Listed by HomeSmart Evergreen Realty

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $975,000 with 2 full baths, 1 half bath. This 2,576 square foot home was built in 1905 on a lot size of 0.1073.

Experience modern living and strong income potential in this fully renovated Boyle Heights duplex, featuring two spacious 3 bed / 3 bath units and over 2,500 sq ft of total living space. Upper Unit home offers a brand-new kitchen with quartz countertops and sleek cabinetry, upgraded bathrooms with walk-in showers, new vinyl flooring, designer lighting, and a private balcony off the master suite. Completely updated in 2025 with no deferred maintenance. Estimated market rent = $4,250 per unit ($8,500/month total) = $102K annual gross income ˜ 8.2 % cap rate! Perfect for an owner-occupant (live in one, rent the other) or investor seeking turnkey cash flow near the Arts District and DTLA. Zoned R2, lot ˜ 4,673 sq ft. Close to schools, freeways (5, 10, 60), and public transit.

Multi-Family Active

Price

^$ 975,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1073

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25259533

Days on Market

Features

General

Sewer Public Sewer

Cooling Gas

Appliances Dryer

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1905

Tenant Pays All Utilities Electricity Gas

View City Lights

Stories Count 2

Levels Two

Property Subtype Duplex

Gross Income 0

Community Features Park Street Lights Sidewalks

County Los Angeles

Net Operating Income 99000

Operating Expense 3000

Insurance Expense 2705

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Take the 5 fwy to 4th street then go east

City Los Angeles

Entry Location Front Door

Senior Community Y/N false

Number Of Units Total 2

MLS Area BOYH - Boyle Heights

Lot Size Units Square Feet

Lot Size Square Feet 4673

Listing Terms Cash Conventional FHA

Property Attached Y/N false

Land Lease Y/N false

Trash Expense 300

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 1

Property Sub Type Additional Duplex

Interior

Fireplace Features None

Total Stories 2

Common Walls No Common Walls

Air Conditioning Y/N true

Fireplace Y/N false

Laundry Features Electric Dryer Hookup Inside

Entry Level 2

Exterior

Parking Features One Space

Lot Features 2-5 Units/Acre Yard

Water Source Public

Total Parking 0

Lot Size Area 4673

Number of Buildings 1

Building Area Total 2576

Lot Size Acres 0.1073

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

* Excluded Features

List By

Homesmart Evergreen Realty

Broker

smentoring@gmail.com

Affordability Calculator

$6,083

Per Month

Monthly Principal & Interest: $6,083
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Multi-family listings in Los Angeles, CA

Average List Price ^$1,897,276

Percent of Sale Price 95%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$975,000		Listed Price

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702 S Soto, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $975,000 with 2,576 sqft and a lot size of 0.1073. 702 S Soto is a studio with 2.1 baths and was built in 1905. The property's zip code is 90023 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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 12/14/2025. 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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702 S Soto

Multi-Family Home for sale in Los Angeles, CA

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