20
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$975,000
Est. payment /mo
Active
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
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
Listed by Darrick Morgan HomeSmart Evergreen Realty 310-927-8910
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