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659 S Soto St
Los Angeles CA 90023 US

$1,095,000

Active Listing ID 24-342585
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Lot: 0.10 Acres
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Other

$1,095,000

Active Listing ID 24-342585
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659 S Soto St RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6, 601.8 buildable sq. ft. at market rates or up to 20 residential units / 13, 203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!

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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 1095000
  • unparsedaddress: 659 S Soto St
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90023
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.101
  • lotsizeunits: Acres
  • lotsizearea: 0.101
  • livingareaunits: Square Feet
  • latitude: 34.036068
  • longitude: -118.214969
  • listagentfullname: George Abraham
  • listagentemail: George.Abraham@exprealty.com
  • listagentkey: 3yd-CLAWCA-C140169
  • listagentmlsid: C140169
  • listagentpreferredphone: 8885849427
  • listagentofficephone: 8885849427
  • listofficekey: 3yd-CLAWCA-X78984
  • listofficemlsid: X78984
  • disclaimer: Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CLAWCA
  • listingcontractdate: 2024-01-15
  • countyorparish: Los Angeles
  • parcelnumber: 5183-025-037
  • elementaryschooldistrict: Los Angeles Unified
  • middleorjuniorschooldistrict: Los Angeles Unified
  • highschooldistrict: Los Angeles Unified
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: City, Mountain
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.214969, 34.036068
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "Taxes":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/659-S-Soto-St_Los-Angeles_CA_90023_M12701-90806?f=listhub&s=CLAWCA&m=24-342585&c=rexren", "LeadRoutingEmail":"George.Abraham@exprealty.com", "BrokerName":"eXp Realty", "ListingTitle":"Land - Los Angeles, CA", "ListOfficeBrokerMlsId":"X67697", "ListOfficeEmail":"linda.desiere@exprealty.com", "ListOfficeAddress1":"2603 Camino Ramon", "ListOfficeAddress2":null, "ListOfficeCity":"San Ramon", "ListOfficePostalCode":"95501", "ListOfficeStateOrProvince":"CA", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 832-7179", "ListBrokerageEmail":"linda.desiere@exprealty.com", "ListBrokerageWebsiteUrl":null, "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/233/264071/20140423192659969.png", "ListBrokerageUnparsedAddress":"350 E Street #508", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Eureka", "ListBrokerageStateOrProvince":"CA", "ListBrokeragePostalCode":"95501", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-01-16T09:35:03Z"}
Listing Changed: 3/26/2024 1:12:34 PM GMT
Source Updated Date: 5/5/2024 6:43:15 AM GMT

Courtesy of: George Abraham, eXp Realty of California Inc, George.Abraham@exprealty.com

Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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