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$ 850,000
Est. payment /mo
New
335 N Soto Los Angeles, CA 90033
6,952 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26187475
HOA Y/N No
Lot Size 6,952 Sqft
Property Description
Prime development opportunity in Boyle Heights. Situated along Soto Street, a major north-south artery, the property offers excellent accessibility, with its prominent location, access to public transportation, and proximity to Downtown Los Angeles and surrounding commercial and residential destinations, this property presents an attractive opportunity for an experienced developer or investor seeking a well-located redevelopment site.
The property offers a compelling opportunity for developers looking to create a new residential project in an established, active urban setting. The owner has previously prepared plans contemplating a 17-unit residential development. Based on the property's zoning, site characteristics, and applicable regulations, a buyer may also be able to pursue a project with more units, subject to applicable approvals and verification.
A future buyer may pursue an alternative development concept that could potentially increase the number of units or provide different unit configurations and sizes. Buyers are solely responsible for independently verifying all development potential, including the number of units, unit sizes, allowable uses, building envelope, parking requirements, permits, approvals, and all other applicable requirements with the appropriate City of Los Angeles departments and professionals.
Seller makes no representations or warranties regarding the number of units, unit sizes, development capacity, or approvals that may ultimately be obtained. Buyers to conduct their own due diligence and satisfy themselves regarding all development possibilities prior to purchase.
The property offers a compelling opportunity for developers looking to create a new residential project in an established, active urban setting. The owner has previously prepared plans contemplating a 17-unit residential development. Based on the property's zoning, site characteristics, and applicable regulations, a buyer may also be able to pursue a project with more units, subject to applicable approvals and verification.
A future buyer may pursue an alternative development concept that could potentially increase the number of units or provide different unit configurations and sizes. Buyers are solely responsible for independently verifying all development potential, including the number of units, unit sizes, allowable uses, building envelope, parking requirements, permits, approvals, and all other applicable requirements with the appropriate City of Los Angeles departments and professionals.
Seller makes no representations or warranties regarding the number of units, unit sizes, development capacity, or approvals that may ultimately be obtained. Buyers to conduct their own due diligence and satisfy themselves regarding all development possibilities prior to purchase.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAC1
Interior
Fireplace No
Exterior
Community Features Urban
View Y/N No
View None
Building
Lot Description Near Public Transit, Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 5175010027
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Ami Tabak Sandstone Realty Inc. 213-509-9328, DRE #01961197