654 S Soto st
Los Angeles, CA, 90023
$1,300,000
MLS: WS26068452
Beds
4
Baths
4
Sq Ft
2,330
Lot
0.12 ac
Year Built
1929
MLS #
WS26068452
Days on Market
20
Listed
Mar 31, 2026
Description
A rare mixed-use opportunity in one of Los Angeles’ most vibrant and centrally located neighborhoods. The front unit features a commercial-zoned warehouse/retail space, ideal for a variety of business uses including showroom, studio, or creative workspace. Behind the commercial space is a well-designed 3-bedroom, 2-bath main residence, along with a detached ADU (built in 2022), offering flexible use for extended family, guest quarters, or potential rental income. The property is enhanced by a thoughtfully designed side yard with indoor-outdoor flow, featuring an outdoor dining area, fireplace, and pergola creating a private and functional outdoor living space. Recent upgrades include a newer roof (2017), updated sewer line (2016), full property drainage improvements, and updated electrical wiring. Conveniently located just minutes from the Arts District, Downtown Los Angeles, and Little Tokyo, with easy access to major freeways including the 10, 5, 101, and 110. A unique opportunity for owner-users, investors, or those seeking a live/work environment in a prime urban location.
Location
Los Angeles, Los Angeles County, CA 90023
Open on Google Maps ↗Listed by: Yu Ting Huang · Elpis Realty Inc
Payment estimate
$9,330
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $130,000 · Loan: $1,170,000
- Principal & Interest
- $7,189
- Property tax (1.25%)
- $1,354
- Homeowners insurance
- $300
- Mortgage insurance
- $488
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $45,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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