436 S Soto, Los Angeles, CA 90033
- 5,494 sqft
other
Built in 1931
6,534sqft lot
—— car garage
$273/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Breed Street Elementary School
2226 E 3rd St, Los Angeles, CA, 90033
Grades KG-6
0.20 miles away
Hollenbeck Middle School
2510 E 6th St, Los Angeles, CA, 90023
Grades 6-8
0.19 miles away
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St, Los Angeles, CA, 90033
Grades 9-12
0.10 miles away




