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.
LISTING AGENT: George Abraham LISTING BROKERAGE: eXp Realty of California Inc
Courtesy of eXp Realty of California Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 457 S Soto Street 5183015029
Los Angeles, CA
Property Details
Price:
$739,000
MLS #:
24446487
Status:
Active
Baths:
0
Address:
457 S Soto Street 5183015029
Type:
Land
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Sep 29, 2024
State:
CA
ZIP:
90033
Lot Size:
7,059 sqft / 0.16 acres (approx)
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- Address457 S Soto Street 5183015029 Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
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