
Los Angeles, California 90023
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $975,000—positioned well below the $1,149,591 Fair Market Value by 15%. This valuation gap offers $174,591 in Instant Equity. Featuring an Excellent Condition Rating with modern renovations, the property includes a private yard and balcony. With one unit currently generating $3,500/month, this asset provides immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 S Soto Subject | $975,000* List Price | 0 | 0 | 2,576 | $446 | - |
A 932 S Mott Street Sold | $789,000 | 0 | 0 | 1,660 | $475 | 0.2 mi |
B 627 S Soto Active | $749,900 List Price | 0 | 0 | 2,772 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1905, the property has undergone an extensive recent renovation including new kitchens, bathrooms, flooring, and dual-pane windows. The interior finishes are modern and mint, qualifying it as a turnkey, move-in ready asset with no immediate maintenance required.
The property has undergone extensive renovations including updated kitchens, bathrooms, flooring, and plumbing, offering a move-in-ready experience for both owners and tenants.
With one unit already leased at $3,500 per month and the second delivered vacant, the property provides immediate cash flow and flexibility for owner-occupants or investors.
Situated in Boyle Heights minutes from Downtown LA, the Arts District, and USC Medical Center, the property boasts high rental demand and excellent proximity to major employment hubs.
Originally constructed in 1905, the property may present long-term maintenance challenges or structural considerations typical of century-old buildings despite recent cosmetic upgrades.
Located on South Soto Street, a busy urban corridor, residents may experience higher levels of street noise and traffic congestion compared to more secluded residential pockets.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,576 | 2,250 |
| Lot Size | 4,673 | 5,864 |
| Price | $975.0K | $826.7K |
| Price per sq ft | $378 | $395 |
| Built year | 1905 | 1925 |
| HOA | $0 | $0 |
| Days on market | 15 | 83 |
Jul 7, 2026
$975,000
Initial Listing
Apr 30, 2025
$825,000
Public Record
Aug 12, 2019
$634,000
Public Record
Apr 3, 2013
$254,000
Public Record