206 S Soto St, Los Angeles, CA 90033

Building Details

Year Built

1908

Listing agent Ed Koenig License #CA 00831815

Listing office Ed Koenig IRE

Listing date Jul 15, 2023

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Ed Koenig IRE

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Overview

This 2,234 square foot duplex, featuring a 1,418 square foot front house and an 816 square foot rear unit, is situated on a 6,751.6 square foot lot. Located in a RD1.5 zoning area with TOC Tier 4, the property offers significant density potential. The front house is a vacant Craftsman with 3 bedrooms and 1 bathroom, requiring a full rehabilitation. The rear unit has 1 bedroom and 1 bathroom and is currently occupied. The site allows for 4.5 units by right under RD1.5 zoning, and up to 8 units with TOC Tier 4 incentives, offering an 80% bonus. The newly approved Boyle Heights Community Plan Update (April 2023) designates this area for higher-density use, enhancing the site's potential. Options include retaining the front house and replacing the rear structure with 2–3 new units, or removing both structures to build up to 8 units under TOC incentives. The property is located in Boyle Heights, minutes from Downtown LA, the new 6th Street Bridge, Cal State LA, major freeways, schools, restaurants, parks, and LAC+USC Hospital. This property is suited for adding ADUs or pursuing a full ground-up multifamily project.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.21081

Latitude

34.04179

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FAQs

What type of property is this?

Duplex - Duplex on a large lot with high-density development potential.

Where is this duplex located?

The property is located at 206 S Soto St Los Angeles, CA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: Significant development potential with TOC Tier 4 incentives allowing up to 8 units.; RD1.5 zoning allows for 4.5 units by right.; Large 6,751.6 sq ft lot in a location designated for higher‑density use.