For sale · Active

702 S Soto

Los Angeles, CA 90023

$975,000
Lot size0.1073 acres
Property typeDuplex
View map ↗

Listing broker / agent: HomeSmart Evergreen Realty · Darrick Morgan · 310-927-8910 · CRMLS

MLS # SR26148044 · Last checked Oct 20, 2026 21:48 UTC

About this property

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 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.

Property details

MLS number
SR26148044
Status
Active
Type
Residential Income
Subtype
Duplex
Lot size
0.1073 acres
County
Los Angeles
Year built
1905
More property detailsExpandCollapse

Listing

Days on market
72

Building

Year built
1905
Year built source
Assessor
Building stories
2
Entry level
1

Rooms & interior

Appliances
Dryer
Heating
Wall Furnace
Fireplace
None
Laundry
Electric Dryer Hookup, Gas Dryer Hookup

Exterior & parking

Total parking spaces
2
Garage spaces
2
Pool
None
Lot features
Two To Five Units Acre, Back Yard, Front Yard, Yard
Lot size source
Assessor

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Biking, Curbs, Dog Park, Park, Street Lights, Sidewalks, Urban
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Hollenbeck Middle (school website, opens in a new tab) Los Angeles Unified · Los Angeles 6–8 0.1 mi
Boyle Heights Continuation (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.2 mi
Soto Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–6 0.3 mi
Math, Science, & Technology Magnet Academy at Roosevelt High (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.4 mi
Theodore Roosevelt Senior High (school website, opens in a new tab) Los Angeles Unified · Los Angeles 9–12 0.4 mi
KIPP Los Angeles College Preparatory (school website, opens in a new tab) Los Angeles Unified · Los Angeles 5–8 0.4 mi
Extera Public (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–8 0.5 mi
Breed Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–6 0.5 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$975,000
MLS-reported original asking price
$975,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 05:32$975,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Los Angeles

Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings3,958Current authorized inventory
Median asking price$1,129,9993958 listings with a valid price
Median asking price / sq ft$619.051428 listings with confirmed sq ft
Median days on market293958 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction535
Listings with an increase24

553 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-20 22:35 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.