Active

206 S Soto

Los Angeles, CA 90033
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SqFt6,754

Sqft(Lot)

MAJOR PRICE MODIFICAITON, JUST REDUCED PRICE BY $100,000 ONLY FOR SERIOUS BUYERS! Boyle Heights Opportunity: An outstanding opportunity for owner-users, investors, developers, or builders—ideal for adding ADUs or pursuing a full ground-up multifamily project. BUILERS & DEVELOPERS: Development Potential: • 4.5 units by right (RD1.5) • Up to 8 units with TOC Tier 4 (80% bonus) With the newly approved Boyle Heights Community Plan Update designating this area for higher-density use, the site is primed for significant upside. Options include: • Retain the front house and replace the rear structure with 2–3 new units or remove both structures and build up to 8 units under TOC incentives. VALUE ADD: Retain the front house and replace the rear structure with 2–3 new units. Currently on the property: 2 separate houses and with 2 car garage on the property. Structures at approximately 2,234 square feet. Front Unit is vacant with 3 bedrooms & 1 bath with approx. 1418 square feet Back Unit is tenant occupied with 1 bedroom and 1 bath at approx. 816 square feet and can negotiate to be vacant at escrow closing. Generous lot size of 6,751 square feet and Zoning is RD1.5 LOCATION HIGHLIGHTS: A premier Boyle Heights location—minutes from Downtown LA, the 6th Street Bridge, Cal State LA, major freeways, schools, restaurants, parks, and LAC+USC Hospital & blocks away from the metro line. MOTIVATED SELLERS! LET'S PRESENT YOUR OFFER.

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Detail Ic Property Details

Property Type : Land

Price : $750,000

AD Id : 74775123

MLS Id : SR26022228

Lot Size : 6,754 Sqft(Lot)

County : Los Angeles

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  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1551
  • Lot Size Source: Assessor Lot Size Square Feet: 6754

  • Listing Price Information

    Original List Price: 750,000 Listing Contract Date: 2026-01-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5180004003

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: BOYH - Boyle Heights Directions: On Soto near 1st Street Zoning: LARD1.5 Source Property Type: Land Area: BOYH - Boyle Heights
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2800 Wabash Avenue, Los Angeles, CA, 90033 $1,500,000 -- -- -- 11,558 Sqft(Lot)
1517 Ricardo, Los Angeles, CA, 90033 $975,000 -- -- -- 7,501 Sqft(Lot)
1623 E 1st Street, Los Angeles, CA, 90033 $399,999 -- -- -- 8,349 Sqft(Lot)
1529 E 1st Street, Los Angeles, CA, 90033 $615,000 -- -- -- 5,992 Sqft(Lot)

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ByOwner last updated this listing 06/11/2026 @ 17:09

MLS: SR26022228 LISTED BY: Verzhine Uzunyan, Koenig Properties 818-755-8088 SOURCE: CRMLS

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