114 S Soto, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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114 S Soto
Los Angeles, California 90033
ACTIVE
CONDITION: POOR
0Beds
0Baths
2,700Sq Ft
7,502Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$588,591
6% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $549,000—positioned well below the $588,591 Fair Market Value by 6%. This valuation gap offers $39,591 in Instant Equity for buyers. Featuring a Fair Condition Rating and RD 1.5 Zoning, this dual-unit asset requires significant capital investment to modernize its 1905 infrastructure. Its strategic location near DTLA and major medical hubs makes it a high-potential acquisition for Buy-and-Hold Investors or Contractors seeking to maximize rental income.
Estimated Market Value
$588,591+$39,591 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 114 S Soto Subject | $549,000* List Price | 0 | 0 | 2,700 | $218 | - |
A 1613 E 1st Sold | $625,000 | 0 | 0 | 2,800 | $223 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
The property was built in 1905 (>100 years old) and the listing lacks any mention of recent renovations to kitchens, bathrooms, or major systems. The exterior shows significant aging, cracked concrete, and dated windows, suggesting the structures likely require a full rehab to meet modern safety and functional standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features two separate houses, each with 3 bedrooms and 2 bathrooms, offering significant rental income potential or a flexible multi-generational living arrangement.
- Development Opportunity
Situated on a generous 7,502-square-foot lot zoned RD 1.5, the property provides ample space for expansion or potential high-density redevelopment in a high-demand urban area.
- Strategic Location
Located in the heart of Boyle Heights, the property offers excellent proximity to Downtown LA, LAC+USC Medical Center, and major public transportation hubs including the Metro line.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2700, other record living area = 2208.
- Historic Age
Built in 1905, the structures likely require extensive updates to electrical, plumbing, and structural systems to meet modern building codes and efficiency standards.
- Renovation Requirements
Given the age and competitive price point, the property likely necessitates a substantial capital investment for repairs and modernization to maximize its market value and appeal.
About 114 S Soto
Look no further! 114 S. Soto and 114 ½ S. Soto, two separate tenant occupied houses on a 7,500-lot, Zoned RD 1.5 in the heart of Boyle Heights is up for sale! Each house has 3 bedrooms and 2 bathrooms, and space for expansion. Minutes from the sprawling metropolis of DTLA, freeways, public transportation, Metro line, LAC USC Hospital and more, this two-house opportunity won’t last long. Don’t miss this chance to own!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1905
- Lot Size
- 7,502 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,700 | 2,187.451 |
| Lot Size | 7,502 | 5,841.385 |
| Price | $549.0K | $841.5K |
| Price per sq ft | $203 | $385 |
| Built year | 1905 | 1928 |
| HOA | $0 | $0 |
| Days on market | 7 | 85 |
Pricing History
Listed for Sale
Sep 2, 2026
$549,000
Initial Listing
Sold
May 17, 2018
$600,000
Public Record