Listed By:
Verzhine "Gina" Uzunyan with Koenig Properties;
206 S Soto Street, Los Angeles, CA
$ 1,050,000
Property Attributes
  • MLS#SR23123607
  • TypeLand
  • 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


  • 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

AVG $1.05M
AVG 49
Data Provided by Inside Real Estate®