206 S Soto St Los Angeles, CA 90033
Duplex on a large lot with high-density development potential.
Type:Multifamily
Property size:
2,234 SFLot size:
0.16 AcresPrice / SF:
$380/SF- Added:
- Jul 15, 2023
- Days on Market:
- 1021
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 206 S Soto St
General Information
- Standard status
- Active
- Size
- 2,234 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
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
Overview
Development Opportunity in Boyle Heights
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.21081
- Latitude
- 34.04179
Nearby Similar for Sale
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 $850,000.
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.
