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$ 739,000
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Active
457 S Soto St Los Angeles, CA 90033
7,059 Sqft Lot
UPDATED:
11/07/2024 04:33 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24-446487
Lot Size 7,059 Sqft
Acres 0.1621
Property 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.
Location
State CA
County Los Angeles
Area Boyle Heights
Zoning LARD1.5
Exterior
View Y/N No
View None
Building
Lot Description Value In Land, Lot-Level/Flat
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Listed by eXp Realty of California Inc