Los Angeles, CA 90023,659 S Soto ST
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Los Angeles, CA 90023,659 S Soto ST
Los Angeles, CA 90023,659 S Soto ST
Los Angeles, CA 90023,659 S Soto ST
Los Angeles, CA 90023,659 S Soto ST

$800,000

Est. payment /mo

$800,000

Est.Price: ?

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659 S Soto ST Los Angeles, CA 90023

4,403 Sqft Lot

SOLD DATE : 11/14/2024

Key Details

Sold Price $800,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Hollenbeck Park Heights Tract

MLS Listing ID 24427139

Sold Date 11/14/24

HOA Y/N No

Lot Size 4,403 Sqft

Lot Dimensions Assessor

Property Description

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 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!

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LAC1

Interior

Fireplace No

Exterior

View Y/N Yes

View City Lights, Mountain(s)

Building

Lot Description Rectangular Lot, Flat

Sewer Other

Water Public

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5183025037

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by George Abraham • eXp Realty of California Inc
Bought with Danny Navarro • Century 21 Allstars

Trevor Smith

Real Estate Broker | License ID: DRE 01700986

+1(858) 539-9999

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