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702 S Soto

Los Angeles (City), CA 90023
  • $975,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: SR25259533
$975,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1905
County:

School Ratings & Info

Listing Agent(s): Darrick Morgan of HomeSmart Evergreen Realty (661-568-6060)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169878059
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702 S Soto Los Angeles (City), CA 90023

  • Price: $975,000
  • Status: Active
  • On Site: 29 Days
  • ID#: SR25259533
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1905
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
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.
Exterior Features

Entry Level 2 Entry Location Front Door Lot Features 2-5 Units/AcreYard Number Of Separate Electric Meters 2 Parking Features One Space Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No View City Lights View YN Yes

Interior Features

Appliances Dryer Common Walls No Common Walls Cooling Gas Cooling YN Yes Fireplace Features None Fireplace YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features ParkStreet LightsSidewalks Garage YN No Gross Income 0 Gross Scheduled Income 102000 Insurance Expense 2705 Land Lease YN No Laundry Features Electric Dryer HookupInside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFHA Net Operating Income 99000 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 3000 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGas Trash Expense 300 Vacancy Allowance Rate 5 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Darrick Morgan of HomeSmart Evergreen Realty (661-568-6060)