$1,500,000

436 S Soto, Los Angeles, CA 90033

  • 5,494 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $273/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

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 f

Listing Status:
Active
Date Added:
January 21, 2026
Data Last Updated:
February 7, 2026 at 9:08PM
Listing Office:
KW Executive : 909-628-9100
Listing Agent:
Matthew Guerra : 909-997-9765
MLS ID:
CRAR26014659
  • Laundry: Laundry RoomInside
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 5185001004
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Matthew Guerra , KW Executive

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Breed Street Elementary School

2226 E 3rd St, Los Angeles, CA, 90033

Grades KG-6

0.20 miles away

H

Hollenbeck Middle School

2510 E 6th St, Los Angeles, CA, 90023

Grades 6-8

0.19 miles away

M

Math, Science, & Technology Magnet Academy at Roosevelt High School

456 S Mathews St, Los Angeles, CA, 90033

Grades 9-12

0.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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