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702 S Soto, Los Angeles, CA 90023

$975,000
  • 702 S Soto, Los Angeles, CA 90023 Main Photo

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Active
BEDS6 BATHS4 full 2 partial SQUARE FEET2,576 MLS#SR26147448
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLLos Angeles Unified

Listing Courtesy of: HomeSmart Evergreen Realty
Agency Phone: 661-568-6060
Associate Name: Darrick Morgan
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property Description

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 per unit 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.

702 S Soto | MLS# SR26147448

This multi-family property located at 702 S Soto, Los Angeles, CA 90023 is currently listed for sale with an asking price of $975,000. S Soto is located within the Los Angeles Unified school district. Search Los Angeles real estate on www.farrellsmyth.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Garage: 2
Lot Size: 0.11 Acres
Stories: 2.0
Year Built: 1905

Feature Descriptions

Community Features: Biking, Curbs, Dog Park, Gutter(s), Park, Street Lights, Sidewalks, Urban
Days on Site: 10
Fireplace: None
Flooring: Tile, Vinyl
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Lot: 2-5 Units/Acre, Back Yard, Front Yard, Near Public Transit, Paved, Yard
Parcel#: 5185028001
Sewer: Public Sewer
Special View Info: City Lights, Neighborhood
Units: 2
Water: Public

Local Schools

School District: Los Angeles Unified

Listed By / Shown By

Listed By

Agency Name: HomeSmart Evergreen Realty
Agent Name: Darrick Morgan
Agency Phone: 661-568-6060

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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Estimated Payment

$ 2,454.30 per month $2,169.93 Principal & Interest $0.00 Property Tax (data not provided by mls) $284.38 Homeowner's Insurance

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