Development Opportunity in Boyle
For Sale
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206 S Soto, Los Angeles, CA 90033
Duplex on a large lot with high-density development potential.
Property Size2,234 SF
Lot Size0.16 Acres
Price / SF$335.72
Days on Market1112
Property Features for 206 S Soto
General Information
Standard status
Active
Size
2,234 SF
Lot size
0.16 Acres
Property subtype
Multifamily
Building Details
Year Built
1908
Listing Agency:
Ed Koenig IRE
Listed By:
Ed Koenig · License #CA 00831815
Source:
Crexi
Added: Jul 15, 2023
Changed: Jul 6
Last Checked: Jul 30 at 12:54PM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,030
Businesses Nearby
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Business Placement
Demographics for 90033, CA
46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
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 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.
