Not SOHC, the 3.4 Liter Builds (90x90) out of PMC and LCR are topping out around 400.
If you want more than that, you need to up the flow beyond what the SOHC can be ported to (240 cfm). The DOHC heads stat at 240 to 300 CFM which is enough for more than 400 HP at 9,000 rpms.
It will not be cheap, depending what DOHC head you want, it will be $30,000 and likely another $15~20,000 for the bottom end capable of handling it.
Turbocharged at 400 is some head work, cam, EMS and proper turbo.
500 HP you will need to start with the Datsunworks head, as it starts at 300-320cfm as-cast, withnCNC porting available to push that considerably higher. A 3.4 would be mandatory as would higher revs. It might get there, but I doubt it. A turbo for 500 is above the "cheap build stage" and you will be getting into $10,000 bottom ends topped with a $2500 cylinder head, having a $2000+ turbo hanging off the side and another $4000 in induction plus EMS costs.
But that setup will be able to push more than 500 HP. 735 hp to the rear wheels at last Dyno test and the turbo was out of air, needed a bigger one and we hadn't hi power peak by 7,400...