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Listing Courtesy Of: eXp Realty of California Inc, 888-584-9427, George Abraham

Local Realty Services Provided By: Keller Williams Realty Los Feliz

Overview

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$739,000

457 1/2 S Soto St, Los Angeles, CA 90033

$739,000

457 1/2 S Soto St, Los Angeles, CA 90033

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Property Description

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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.

Property Details

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Overview

Property Type

Land

Days on Site

176 Days

Parking

Josana J at Keller Williams Hollywood Hills

Josana Joseph

Keller Williams Hollywood Hills

DRE # 02222551

(347) 437-8713

Josana@kw.com

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Purchase Price: $739,000

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Price & Tax History

Date

Event

Price

09/29/2024

Listed

$739,000

$4,561,728/ac

No Tax History Data

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The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.