$750,000
 $4,026 est/mo Sourced by Back At You

206 S Soto,Los Angeles, CA 90033

Los Angeles, CA 90033

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Description

MAJOR PRICE MODIFICAITON, JUST REDUCED PRICE BY $100,000 ONLY FOR SERIOUS BUYERS! Boyle Heights Opportunity: An outstanding opportunity for owner-users, investors, developers, or buildersideal for adding ADUs or pursuing a full ground-up multifamily project. 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. 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 LOCATION HIGHLIGHTS: A premier Boyle Heights locationminutes from Downtown LA, the 6th Street Bridge, Cal State LA, major freeways, schools, restaurants, parks, and LAC+USC Hospital & blocks away from the metro line. MOTIVATED SELLERS! LET'S PRESENT YOUR OFFER.

Details

MLS #SR26022228
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Days On Site211
Listing Provided ByKoenig Properties | Verzhine Uzunyan

Features

ZoningLARD1.5
Acreage0.16
Property ViewNone

Exterior

Lot FeaturesZero To One Unit Acre, Near Public Transit, Paved, Value In Land, Yard

Utilities

UtilitiesElectricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Location

Community FeaturesSidewalks, Urban

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$750,000
low | high
Med:
$795,000
44% of Average
On site:
211
low | high
Med:
315
66.984126984127% of Average
Sourced by Back At You

Market Activity 90033

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90033
AreaBOYH Boyle Heights
Listing VS Median (in 90033)
Price:
$750,000
low | high
Med:
$795,000
44% of Average
On site:
211
low | high
Med:
315
66.984126984127% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $562K - $937K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
206 S Soto Property Photo 1
$750,000
206 S Soto
Los Angeles, CA 90033
206 S Soto Property Photo 1
$750,000
206 S Soto
Los Angeles, CA 90033
2429 E 3rd Property Photo 1
$1,299,888
2429 E 3rd
Los Angeles, CA 90033
2431 E 4th Property Photo 1
$850,000
2431 E 4th
Los Angeles, CA 90033
Listing Updated: August 21, 2026 at 10:46:54 PM PDT
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