627 S Soto, Los Angeles, California 90023, Los Angeles, 90023 - 0 bed, 0 bath
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Los Angeles, California 90023
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $799,900—positioned well below the $1,032,384 Fair Market Value by 22%. This significant valuation gap provides $232,484 in Instant Equity. Featuring a rare 7-bedroom configuration and a Condition Rating of 3, the property benefits from recent interior updates and two private garages. Located in high-demand Boyle Heights near DTLA, this asset offers immediate cash flow and long-term upside. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 627 S Soto Subject | $799,900* List Price | 0 | 0 | 2,772 | $372 | - |
A 657 S Mathews Sold | $698,888 | 0 | 0 | 1,920 | $364 | 0.1 mi |
B 702 S Soto Active | $965,000 List Price | 0 | 0 | 2,576 | $375 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1908, the property has undergone significant recent interior renovations making it move-in ready. The units feature updated kitchens with modern white shaker cabinets and stone countertops, renovated bathrooms with new vanities and contemporary fixtures, and new wood-look laminate flooring throughout. While the exterior stucco and fixtures show some age-related wear consistent with a century-old building, the interior living spaces have been modernized with recessed lighting and fresh paint, meeting the criteria for a well-maintained, updated income property.
The rare 7-bedroom total layout, featuring a 4BD/2BA and a 3BD/2BA unit, maximizes rental income potential and appeals to a broad tenant base seeking larger living spaces.
The inclusion of two private garages plus additional off-street parking is a significant competitive advantage in Boyle Heights, where parking is often extremely limited.
Proximity to Downtown Los Angeles, the Arts District, and USC Medical Center ensures consistent tenant demand and long-term appreciation potential in a vibrant, central hub.
Built in 1908, the property may possess aging infrastructure or systems that require more frequent maintenance and capital expenditures compared to newer builds.
The 'drive-by only' restriction and tenant-occupied status prevent a full interior assessment prior to making an offer, complicating the initial valuation and risk assessment.
Exceptional Boyle Heights Duplex Investment Opportunity. Welcome to 627 S Soto St, a well-located income property offering two spacious residences totaling 7 bedrooms and 4 bathrooms, including a 4BD/2BA lower unit and 3BD/2BA upper unit—a rare large-unit configuration that continues to attract strong tenant demand. Both units feature recent interior updates and washer/dryer hookups, creating comfortable, practical living spaces designed for everyday living. The property offers approximately 2,772 sq ft of living space on a 4,028 sq ft lot, with separate gas and electric meters supporting efficient management. At the rear, two private garages—one for each unit—plus additional off-street parking provide a valuable amenity seldom found in similar properties. Tenant occupied with immediate income potential and long-term upside. Ideally situated in vibrant Boyle Heights, just minutes from Downtown Los Angeles, the Arts District, USC Medical Center, Metro transit, and major freeways, placing residents close to dining, employment centers, and city amenities. Drive-by only. Please do not disturb tenants. Offers subject to interior inspection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,772 | 1,828 | 69% |
| Lot Size | 4,028 | 5,983 | 15% |
| Price | $799.9K | $710.9K | 69% |
| Price per sq ft | $289 | $373 | 31% |
| Built year | 1908 | 1922 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 180 | 8% |
Apr 16, 2026
$799,900
Initial Listing
Mar 18, 2015
$515,000
Public Record
Jul 26, 2013
$236,000
Public Record