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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 Information

    Main Square Feet: 6754 Lot Size Acres: 0.1551 Lot Size Source: Assessor Lot Size Square Feet: 6,754 Lot Description: 0-1 Unit/Acre,Near Public Transit,Paved,Value In Land,Yard

  • Listing Price Information

    Listing Price: $750000
    Original Price: $850000
    Cash, Cash to New Loan, Submit

  • Tax Information

    Parcel Number: 5180004003 Tax Lot: 2

  • Utility Information

    Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: On Soto near 1st Street WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
209 N Mathews, Los Angeles, CA, 90033 $1,700,000 -- -- -- 8,848 Sqft(Lot)
1517 Ricardo, Los Angeles, CA, 90033 $975,000 -- -- -- 7,501 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 07/26/2026 @ 22:52

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

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