Active

436 S Soto

Los Angeles, CA 90033
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Bed 0

Bed

Bath 0

Bath

SqFt5,494

Sqft

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 : Residential Income

Price : $1,500,000

AD Id : 74427880

MLS Id : AR26014659

Lot Size : 6,363 Sqft

Living Area Size : 5,494

Year Built : 1931

Garage : 4

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: See Remarks
  • Fireplace

    Fireplace Features: See Remarks Has Fireplace: 1

  • Building Information

    Year Built: 1931 Building Area Total: 5,494
  • Pool Features

    None

    Laundry Features

    Inside,Laundry Room

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1461
  • Lot Size Source: Assessor Lot Size Square Feet: 6363

  • Listing Price Information

    Original List Price: 1,500,000 Listing Contract Date: 2026-01-21
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5185001004

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: BOYH - Boyle Heights Directions: On Soto just south of 4th Source Property Type: Residential Income Area: BOYH - Boyle Heights Property SubType: Apartment
  • Building and Construction

    Property Age: 95 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1611 Murchison, Los Angeles, CA, 90033 $1,200,000 -- -- 4,274 4,274 SqFt
1440 Tremont, Los Angeles, CA, 90033 $1,350,000 -- -- 4,836 4,836 SqFt
1517 Ricardo, Los Angeles, CA, 90033 $975,000 2 1 794 794 SqFt
1450 Ricardo #1450, Los Angeles, CA, 90033 $449,000 2 1 800 800 SqFt
2837 Ganahl Street, Los Angeles, CA, 90033 $499,000 5 -- 1,588 1,588 SqFt
1034 Evergreen Avenue, Los Angeles, CA, 90033 $425,000 2 1 689 689 SqFt
2711 Wabash Avenue, Los Angeles, CA, 90033 $730,000 5 -- 1,273 1,273 SqFt
2532 1/2 Ganahl Street, Los Angeles, CA, 90033 $399,000 2 2 850 850 SqFt
2440 Wabash Avenue, Los Angeles, CA, 90033 $795,000 5 -- 2,756 2,756 SqFt
2853 Cincinnati Street, Los Angeles, CA, 90033 $2,292,000 18 -- 7,168 7,168 SqFt

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ByOwner last updated this listing 06/10/2026 @ 20:49

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

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