Los Angeles, CA 90023,702 S Soto
Los Angeles, CA 90023,702 S Soto
Los Angeles, CA 90023,702 S Soto
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$975,000
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4,673 Sqft Lot
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702 S Soto Los Angeles, CA 90023

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25259533

HOA Y/N No

Year Built 1905

Lot Size 4,673 Sqft

Property Sub-Type Duplex

Property Description

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.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Cooling Gas

Fireplaces Type None

Fireplace No

Appliance Dryer

Laundry Electric Dryer Hookup, Inside

Exterior

Parking Features One Space

Pool None

Community Features Park, Street Lights, Sidewalks

View Y/N Yes

View City Lights

Private Pool No

Building

Lot Description 2-5 Units/Acre, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5185028001

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard


CRMLS – RECore
Listed by Darrick Morgan HomeSmart Evergreen Realty 310-927-8910

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Frances Inda

Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

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702 S Soto