659 S Soto Street Los Angeles, CA 90023
Listing Courtesy of: CRMLS / eXp Realty Of California Inc / George Abraham

  659 S Soto Street Los Angeles, CA 90023

Sold (24 Days)
$800,000

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!

MLS #:
24427139
Lot Size
4,404 SQFT
Type
Land
Views
City Lights, Mountain(s)
School District
Los Angeles Unified
County
Los Angeles County
Community
Hollenbeck Park Heights Tract

Listed By

George Abraham, eXp Realty Of California Inc
Bought with
Danny Navarro, DRE #01938421 CA, Century 21 Allstars
Source
CRMLS
Last checked Apr 21 2025 at 3:15 AM GMT+0000
Bathroom Details
Subdivision
  • Hollenbeck Park Heights Tract
Lot Information
  • Flat
  • Rectangular Lot
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Other
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.