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436 S Soto

Los Angeles, CA 90033
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Bed 1

Bed

Bath 1

Bath

SqFt6,363

Sqft(Lot)

Prime Investment Opportunity, this Spanish-style multifamily property has been meticulously maintained by the same ownership for over 30 years and features high vaulted-ceiling units with exceptional light and architectural character. The property presents a strong value-add opportunity with over 56% rental upside, driven by extremely large unit layouts, including select units exceeding 1,000 square feet, allowing for the potential addition of extra bedrooms, conversion to true two-bedroom units, and incorporation of in-unit laundry to significantly increase rental income. There is also additional 4 individual garages and additional space behind garages that lend perfectly to potential multiple ADU's build. Located in Boyle Heights submarket of Los Angeles, the asset is surrounded by major employment centers and lifestyle amenities such as Union Station, Crypto.com Arena, the Arts District, Financial District, USC Keck School of Medicine, Little Tokyo, Chinatown, and Monterey Park Golf Club. Additional upside includes the potential to reduce property taxes through the Mills Act (buyer to verify eligibility), the opportunity to implement RUBS to reduce operating expenses (buyer to verify), and one unit can be delivered vacant at close of escrow, providing immediate repositioning flexibility. Seller financing may potentially be available, subject to mutually agreeable terms.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,350,000

AD Id : 88339348

MLS Id : AR26014659

Beds : 1

Lot Size : 6,363 Sqft

Year Built : 1931

Garage : 4

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1931
    Building Area Total: 5494
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6363 Lot Size Acres: 0.1461 Lot Size Source: Assessor Lot Size Square Feet: 6,363 Lot Description: SixToTenUnitsAcre

  • Listing Price Information

    Listing Price: $1350000
    Original Price: $1500000
    Cash, CashToNewLoan, Conventional, Exchange1031, OwnerMayCarry, Submit

  • Tax Information

    Parcel Number: 5185001004 Tax Lot: 6 Tax Block: 72

  • Parking Information

    Parking Total: 4

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: On Soto just south of 4th WaterSource: Public
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ByOwner last updated this listing 07/24/2026 @ 20:29

MLS: AR26014659 LISTED BY: Matthew Guerra, KW Executive 626-872-2207 SOURCE: CRMLS

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