457 S Soto Street
Los Angeles, CA 90033
0.16 acres | #24446487
Description
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
- Lot DescriptionValueInLand, Flat
- CountyLos Angeles
- Property TypePurchase
- Original List Price$739,000
- MLS #24446487
- MLS #24446487
- Acres0.1621
- Cost739000
- Property SubtypeLand
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: George Abraham (#CLW-C140169)
Listing Office: eXp Realty of California Inc (#CLW-X78984)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
