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    702 S Soto St Los Angeles, CA 90023

    For Sale
    $975,000

    Duplex - Los Angeles, CA

    Type:Duplex
    Property size:
    2,576 SF
    Lot size:
    4,673.00 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 9 at 9:06 pm

    Property Features for 702 S Soto St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    APN
    5185028001
    Exterior features
    Community Features Included: Park, Sidewalks, Street Lights, 2-5 Units/Acre, Yard
    Size
    2,576 SF
    Lot size
    4,673.00 Acres

    Utilities

    Cooling system
    Gas (Cooling)

    Building Details

    Year built
    1905
    Floors in Building
    2
    Number of units
    2
    Architectural style
    Other

    Evergreen Realty, HomeSmart (949) 753-7888 [email protected]

    Listing agent Darrick Morgan (661) 568-6060 License #01469928

    Listing date Nov 12, 2025

    MLS# SR25259533 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex in Boyle Heights

    This fully renovated duplex in Boyle Heights, Los Angeles, offers modern living and income potential. The property features two spacious units, each with 3 bedrooms and 3 bathrooms, totaling over 2,500 square feet of living space. The upper unit includes a 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. The property was completely updated in 2025 and has no deferred maintenance. The estimated market rent is $4,250 per unit, totaling $8,500 per month, which equates to an annual gross income of $102,000, with an 8.2% cap rate. Zoned R2, the lot size is approximately 4,673 square feet (0.107 acres). The property is located close to schools, freeways (5, 10, 60), and public transit. It is suitable for an owner-occupant looking to live in one unit and rent the other, or for an investor seeking turnkey cash flow near the Arts District and Downtown Los Angeles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.21474
    Latitude
    34.03553

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    FAQs

    What type of property is this?
    Duplex - Fully renovated duplex with strong income potential near DTLA.
    Where is this duplex located?
    The property is located at 702 S Soto St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Fully renovated duplex with strong income potential (estimated $102K annual gross income).; - Two spacious 3 bed / 3 bath units totaling over 2,500 sq ft.; - Completely updated in 2025 with no deferred maintenance.
    (661) 568-6060
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    702 S Soto St Los Angeles, CA 90023
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    Los Angeles, CA 90023
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    702 S Soto St Los Angeles, CA 90023
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