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659 S SOTO ST LOS ANGELES, CA 90023
- Single Family Home / Resale (MLS)
Property Details for 659 S SOTO ST, LOS ANGELES, CA 90023
Features
- Lot Size: 4401.00 sq. ft.
- Total Units: 1
- Heating: Yes
- Construction Type: Wood
Facts
- Year Built: 01/01/1907
- Property ID: 848037648
- MLS Number: 24-427139
- Parcel Number: 5183-025-037
- Property Type: Single Family Home
- County: LOS ANGELES
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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!
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Property Brokerage:
eXp Realty
2603 Camino Ramon
San Ramon
CA
95501
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.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.
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