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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
Baths2.1 Sq 2,576

Monthly Estimate*

$ 6,156

Listed by HomeSmart Evergreen Realty
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.

Beautifully Remodeled Duplex with Immediate Rental Income – Perfect for Owner-Occupants or Investors! Don't miss this exceptional opportunity to own a beautifully remodeled duplex in the heart of Boyle Heights, just minutes from Downtown Los Angeles, the Arts District, USC Medical Center, Union Station, Little Tokyo, and Dodger Stadium. This spacious duplex features approximately 2,576 square feet with a total of 3 bedrooms and 2.5 bathrooms, in each unit. One unit is currently leased to an excellent tenant paying $3,500 per month, providing immediate rental income, while the second unit is ready for an owner-occupant or additional rental income. The property has been extensively renovated with thousands of dollars in recent upgrades, including beautifully remodeled kitchens, new bathrooms, new flooring throughout, modern light fixtures, updated plumbing fixtures, fresh interior finishes, dual-pane windows, high ceilings, private balcony, washer and dryer hookups, private yard, and additional storage. Whether you're looking to live in one unit while the rental income helps offset your mortgage or you're an investor seeking a turnkey income-producing property with future upside, this duplex offers outstanding flexibility and long-term value. Conveniently located near major freeways, restaurants, shopping, schools, parks, and Downtown Los Angeles employment centers. Property Highlights: One unit leased at $3,500/month Second unit delivered vacant Beautifully remodeled throughout Approximately 2,576 sq. ft. 3 Bedrooms | 2.5 Bathrooms Private yard Washer/Dryer hookups Balcony Dual-pane windows Minutes to Downtown Los Angeles Excellent opportunity for owner-occupants and investors alike. Buyer to verify all information, including square footage, permits, rental income, and zoning, to their own satisfaction.

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Multi-Family Active

Price

$ 975,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

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

SR26148044

Days on Market

2

Features
General
Sewer Public Sewer
Heating Wall Furnace
Appliances Dryer
Garage Spaces 2
Pool Features None
Year Built 1905
Tenant Pays Electricity Gas
Property Subtype Duplex
Gross Income 3500
Community Features Biking Curbs Dog Park Park Street Lights Sidewalks Urban
County Los Angeles
Net Operating Income 42000
Operating Expense 0
Insurance Expense 2700
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Exit the 5 fwy on 4th street head north to Soto Street and go east to 702 S. Soto Street
City Los Angeles
Entry Location Ground Level
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 to New Loan Conventional FHA VA Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 200
Fuel Expense 100
Trash Expense 700
Water Sewer Expense 3600
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Duplex
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre Back Yard Front Yard Yard
Water Source Public
Total Parking 2
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 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Homesmart Evergreen Realty

Broker

smentoring@gmail.com

Email

Affordability Calculator

$6,156
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Monthly Principal & Interest
$6,156
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$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