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Remodeled Duplex with Private Yard
For Sale
$975,000

702 S Soto, Los Angeles, CA 90023

Remodeled duplex offers two units with 3 bedrooms and 2.5 baths, plus dual-pane windows, balcony, and private yard.

Property Size2,576 SF
Price / SF$378.49
Days on Market54

Property Features for 702 S Soto

General Information

Standard status Active
Size 2,576 SF
Property subtype MULTI_FAMILY
Occupancy 50%

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Building Size 2,576 SF
Year Built 1905
Tenancy Multi
Listing Agency: HomeSmart Evergreen Realty
Listed By: Darrick Morgan · License #01469928
Source: Milsteinestates
Added: Jul 7 Changed: Aug 24 Last Checked: Aug 28 at 5:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Evergreen Realty

Investment Insights

Based on property information with market context.

This beautifully remodeled duplex includes two units with a total layout of 3 bedrooms and 2.5 bathrooms in each unit. Improvements and updates include remodeled kitchens and bathrooms, new flooring, modern light fixtures, updated plumbing fixtures, fresh interior finishes, dual-pane windows, high ceilings, and additional storage.

The property also features a private balcony and private yard, along with washer and dryer hookups in each unit. One unit is currently leased, providing immediate rental income, while the second unit is delivered vacant.

Located at 702 S Soto in Los Angeles, the property is described as being minutes from Downtown Los Angeles and nearby employment and entertainment destinations, with access to nearby restaurants, shopping, schools, parks, and major freeways.

Key Highlights

  • Remodeled duplex with approx. 2,576 sq. ft., offering 2 units with 3 bedrooms and 2.5 bathrooms per unit
  • One unit is currently leased for $3,500/month, providing immediate rental income
  • Second unit delivered vacant for an owner‑occupant or additional rental income

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Acupuncture (Bike/Boat/Book/etc) Store Plumbing Service Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,374
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Remodeled duplex offers two units with 3 bedrooms and 2.5 baths, plus dual-pane windows, balcony, and private yard.
Where is this duplex located?
The property is located at 702 S Soto 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: Remodeled duplex with approx. 2,576 sq. ft., offering 2 units with 3 bedrooms and 2.5 bathrooms per unit; One unit is currently leased for $3,500/month, providing immediate rental income; Second unit delivered vacant for an owner‑occupant or additional rental income
More about this property
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