436 S Soto, Los Angeles, CA 90033
Local realty services provided by:ERA Excel Realty
436 S Soto,Los Angeles, CA 90033
$1,500,000
- - Beds
- - Baths
- 5,494 sq. ft.
- Multi-family
- Active
Listed by: matthew guerra
Office: kw executive
MLS#:AR26014659
Source:CRMLS
Price summary
- Price:$1,500,000
- Price per sq. ft.:$273.03
About this home
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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Home facts
- Year built:1931
- Listing ID #:AR26014659
- Added:60 day(s) ago
- Updated:March 23, 2026 at 01:18 PM
Rooms and interior
- Living area:5,494 sq. ft.
Structure and exterior
- Year built:1931
- Building area:5,494 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,500,000
- Price per sq. ft.:$273.03
Features and amenities
- Laundry features:Inside, Laundry Room
Parking
- Total parking spaces:4
- Garage:Yes
- Garage spaces:4
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