659 South Soto Street
$1,095,000
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Description
RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P. A. R. C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market...RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P. A. R. C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!
- Listed by George Abraham • DRE #02190556 • Brokerage DRE #01878277 • eXp Realty of California Inc
Property Details for 659 South Soto Street
Parking Spaces Total
0
Lot Size SourceSurvey
Building Area Total0
Stories Total0
Association Fee$.00
ZoningLAC1
Parcel Number5183025037
AreaBoyle Heights (BOYH)
LISTING UPDATED: 01/16/2024 02:10 AM
Property Details for 659 South Soto Street
Status | Active |
---|---|
MLS # | 23342127 |
Days on Market | 342 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Commercial Sale |
Year Built | - |
Lot Size | 0.10 AC / 4,404 SF |
County | Los Angeles County |
Building Information for 659 South Soto Street
Stories-Residences-Year Built-Lot Size0.10 AC / 4,404 SF
Property Information for 659 South Soto Street
Property History for 659 South Soto Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 659 South Soto Street
Taxable ValueLand$401,136Additions-Total$401,136
Tax Record2024$4,990 ($416 / month)
Home Facts
Beds2Total Finished SqFt1,238 SqFtAbove Grade Finished SqFt1,238 SqFtLot Size4,401 SqFtStyleSingle Family ResidenceYear Built1907ZoningLAC1CountyLOS ANGELESAPN5183-025-037
Schools near 659 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 |
---|---|---|
Soto 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.
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