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659 South Soto Street Los Angeles, CA $ 1,095,000
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$ 1,095,000 Get more info
659 South Soto Street
$ 1,095,000
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659 South Soto Street

Los Angeles, CA, 90023
$ 1,095,000
Baths0.0

Monthly Estimate*

$ 7,649

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Studio

Commercial Property for sale in Los Angeles, CA

for $1,095,000.

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!

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Commercial Active

Price

$ 1,095,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023342127
Features
General
Utilities Underground Utilities
Zoning LAC1
Security Features Gated Community
Business Type Retail
County Los Angeles
Property Type F
Status Active
City Los Angeles
MLS Area BOYH - Boyle Heights
Lot Size Square Feet 0.0
Street Name Soto
Standard Status Active
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Exterior
Lot Features Level with Street Rectangular Lot
Lot Size Area 4404.0
Lot Size Acres 0.0
Land Lease Type Fee
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Interior
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
George Abraham

Listing Agent

Exp Realty Of California Inc

Broker

Affordability Calculator

$7,649
Per Month
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0%
Monthly Principal & Interest
$7,649
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/17/2024$1,095,000 Listed Price

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659 South Soto Street, Los Angeles, CA, 90023 is a Commercial Property for sale at $1,095,000. 659 South Soto Street is a studio with 0.0 baths. The property's zip code is 90023 which is in Los Angeles, CA

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