457 1/2 South Soto Street

Los Angeles, CA 90023

$739,000
Price
7,059 / 0.16
Lot Size / Acres

Description

No SB 8 requirement = build market rate units (lot has been vacant for over 6 years) and ZI 2452 exemption to parking. In addition, this is an ED1 qualifying lot with density bonus = developer can build an unlimited number of units within 21,181 sq. ft. (3:1 FAR) and a 78 feet height restriction. ED1 also includes CEQA exemption and a 6 month streamlined application process. For non-profit developers, this property is located in a QCT (qualified census tract). Flat lot.No SB 8 requirement = build market rate units (lot has been vacant for over 6 years) and ZI 2452 exemption to parking. In addition, this is an ED1 qualifying lot with density bonus = developer can build an unlimited number of units within 21,181 sq. ft. (3:1 FAR) and a 78 feet height restriction. ED1 also includes CEQA exemption and a 6 month streamlined application process. For non-profit developers, this property is located in a QCT (qualified census tract). Flat lot.
  1. Listed by George Abraham • DRE #02190556 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 457 1/2 South Soto Street

Zoning
LARD1.5
Parcel Number
5183015029
Area
Boyle Heights (BOYH)
Lot Size Area
7059
Source Lot Size Area
GIS Calculated
Assessor Parcel Number
5183-015-029
Directions
Exit 5 Fwy on to E. 4th Street, head East, Right on S. Soto Street, Right on E. 6th Street.
LISTING UPDATED: 11/07/2024 09:33 AM

Property Details for 457 1/2 South Soto Street

StatusActive
MLS #24-446487
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.16 AC
CountyLos Angeles County

Building Information for 457 1/2 South Soto Street

Lot Size0.16 AC

Property Information for 457 1/2 South Soto Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Financing: Cash To New Loan
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.1621
  • Lot Size Square Feet: 7059
  • Lot Size Dimensions: 46x150
  • Source Lot Size Dimensions: Assessor
  • Lot Features: Value In Land
  • Lot Description: Value In Land, Lot-Level/Flat
  • Lot Location: Alley Access, City
  • Telephone: 1.0
  • Cable: 1.0
  • Possible New Zone: LN1-MU3-3-RX1-6
  • Site Decription: City
  • Topography: Flat
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 09-29-2024

Property History for 457 1/2 South Soto Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 457 1/2 South Soto Street

Taxable ValueLand$178,500Additions-Total$178,500
Tax Record2024$2,270 ($189 / month)
Home Facts
Beds1Stories1Lot Size7,060 SqFtStyleResidentialYear Built1920ZoningLARD1.5CountyLOS ANGELESAPN5183-015-029

Schools near 457 1/2 South Soto Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Breed Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

457 1/2 South Soto Street is a 0.16 ac of land for sale in Los Angeles, CA 90023. This property was listed for sale on September 29, 2024 by eXp Realty of California Inc, it's currently listed at $739,000. It has been on the market for a total of 55 days and was last sold on November 15, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Breed Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 457 1/2 South Soto Street is a 0-bed, 0-bath, 0.16 ac of land on a 7,059 sq. ft. / 0.16 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, George Abraham, DRE #02190556

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.