Address
206 S Soto Street, Los Angeles, CA
Price
$ 1,050,000
Property Attributes
- MLS#SR23123607
- TypeLand
- CountyLOS ANGELES
- CityLos Angeles
- AreaBoyle Heights
- Zip90033
- Style
- Price$ 1,050,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size6,752 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
MAJOR PRICE REDUCTION ALERT! Bldg SqFt, 2234 - 1418 (front) + 816 (back) Lot size, 6751.6 Zone, RD1.5 TOC, Tier 4 Current Build Assumptions: 4.5 Units by right (RD1.5) 8.10 Units (w/TOC Tier 4, 80% bonus) Investors, Developers, & Builders! This property is earmarked for high density use with the new proposed Boyle Heights Community Plan Update that was recently approved in April 2023. So many opportunities with current zoning. Keep front house, tear down back house and build 2-3 additional units. Tear down both structures and build up to 8 units with TOC density bonus (tier 4 - 80%). Current buildings include a vacant, Craftsman style front house in front with 3 bedrooms and 1 bath, back house is a 1 bedroom and 1 bath currently occupied with cooperative tenant. PRIME AREA OF BOYLE HEIGHTS, Central Location - minutes away from Downtown LA, the new 6th LA Bridge, Cal State LA, Schools, Restaurants, Parks, near all major freeways and LAC-USC Hospital. Excellent Opportunity for either Owner User, Development opportunity, either add ADU’s or potential build from the ground up.
| Price History | |
|---|---|
| 7/11/2023 | Listed $1,100,000 |
| 9/27/2023 | 5% - $1,050,000 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Association Y/N | No |
| Attached Garage | No |
| Carport Y/N | No |
| City | Los Angeles |
| Community Features | Sidewalks |
| County | Los Angeles |
| Days on Market | 109 |
| Directions | On Soto |
| Garage Y/N | No |
| HOA | 0.0 |
| Home Warranty Y/N | No |
| Land Lease Y/N | No |
| Lease Considered Y/N | No |
| Lease Renewal Y/N | No |
| Listing Terms | Cash, CashtoNewLoan, Submit |
| Lot Size Square Feet | 6752.0 |
| MLS Area | BOYH - Boyle Heights |
| Mobilehomeremainsyn | No |
| New Construction | No |
| Private Pool | No |
| Property Attached Y/N | No |
| Property Type | Land |
| Rent Control Y/N | No |
| Senior Community Y/N | No |
| Sewer | Unknown |
| Special Listing Conditions | Standard |
| Standard Status | Active |
| Status | Active |
| Street Name | Soto |
| Tax Lot | 2 |
| Utilities | SeeRemarks |
| View | None |
| View Y/N | No |
| Waterfront Y/N | No |
| Zoning | LARD1.5 |
Interior Features
| Air Conditioning Y/N | No |
|---|---|
| Basement (Y/N) | No |
| Electric On Property Y/N | No |
| Fireplace Y/N | No |
| Heating Y/N | No |
| Street Suffix | Street |
Exterior Features
| Crops Included Y/N | No |
|---|---|
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| Lot Features | Item01UnitAcre |
| Lot Size Acres | 0.155 |
| Lot Size Area | 6752.0 |
| Lot Size Source | Assessor |
| Lot Size Units | SquareFeet |
| Open Parking Y/N | No |
| Spa | No |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 90033
Price
Visits
Based on information from California Regional Multiple Listing Service, Inc. as of December 8, 2023 7:02 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
