206 S Soto, Los Angeles, CA 90033
206 S Soto, Los Angeles, CA 90033
206 S Soto, Los Angeles, CA 90033
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Listed by Verzhine Uzunyan, DRE #00984953 • Koenig Properties
$750,000
Est. payment /mo
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6,754 Sqft Lot
Active

206 S Soto Los Angeles, CA 90033

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26022151

Year Built 1928

Lot Size 6,754 Sqft

Property Sub-Type Duplex

Source California Regional MLS

Property Description

MAJOR PRICE REDUCTION OF $100,000 - THIS IS AN OPPERTUNITY FOR SERIOUS BUYERS ONLY! Boyle Heights Opportunity: An outstanding opportunity for owner-users, investors, developers, or builders-ideal for adding ADUs or pursuing a full ground-up multifamily project. Currently on the property: 2 separate houses and with 2 car garage on the property. Structures at approximately 2,234 square feet. Front Unit is vacant with 3 bedrooms & 1 bath with approx. 1418 square feet Back Unit is tenant occupied with 1 bedroom and 1 bath at approx. 816 square feet and can negotiate to be vacant at escrow closing. Generous lot size of 6,751 square feet and Zoning is RD1.5 BUILERS & DEVELOPERS: Development Potential: . 4.5 units by right (RD1.5) . Up to 8 units with TOC Tier 4 (80% bonus) With the newly approved Boyle Heights Community Plan Update designating this area for higher-density use, the site is primed for significant upside. Options include: . Retain the front house and replace the rear structure with 2-3 new units or remove both structures and build up to 8 units under TOC incentives. VALUE ADD: Retain the front house and replace the rear structure with 2-3 new units. LOCATION HIGHLIGHTS: A premier Boyle Heights location-minutes from Downtown LA, the 6th Street Brid

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Heating No Heating

Cooling None

Laundry None

Exterior

Parking Features Garage, Common Parking Area, Other

Garage Spaces 2.0

Pool 31, None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 5180004003

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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206 S Soto