Est. cap rate

2.8%

Assumed rent, all units

$3,500/mo

Units

2

Price per unit

$374,950

Est. annual NOI

$21,000

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Building size

2,772 sqft

Lot size

4,028 sqft

Year built

1908

Stories

2

Garage spaces

2

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

137

MLS #

241115588

About this property

Exceptional Boyle Heights Duplex Investment Opportunity. Welcome to 627 S Soto St, a well-located income property offering two spacious residences totaling 7 bedrooms and 4 bathrooms, including a 4BD/2BA lower unit and 3BD/2BA upper unit—a rare large-unit configuration that continues to attract strong tenant demand. Both units feature recent interior updates and washer/dryer hookups, creating comfortable, practical living spaces designed for everyday living. The property offers approximately 2,772 sq ft of living space on a 4,028 sq ft lot, with separate gas and electric meters supporting efficient management. At the rear, two private garages—one for each unit—plus additional off-street parking provide a valuable amenity seldom found in similar properties. Tenant occupied with immediate income potential and long-term upside. Ideally situated in vibrant Boyle Heights, just minutes from Downtown Los Angeles, the Arts District, USC Medical Center, Metro transit, and major freeways, placing residents close to dining, employment centers, and city amenities. Drive-by only. Please do not disturb tenants. Offers subject to interior inspection.

Location

627 S Soto

Los Angeles, Los Angeles, CA, 90023