No SB 8 requirement = build market rate units (lot has been vacant for over 6 years) and ZI 2452 exemption to parking. In addition, this is an ED1 qualifying lot with density bonus = developer can build an unlimited number of units within 21, 181 sq. ft. (3:1 FAR) and a 78 feet height restriction. ED1 also includes CEQA exemption and a 6 month streamlined application process. For non-profit developers, this property is located in a QCT (qualified census tract). FLAT LOT.
Features
crop_free7059 sq. ft. lot size
cottageLand
Property history for 457 South Soto Street
2022
Sold
$175,000
15 Nov 2022 by Neville Graham, of Coldwell Banker Realty
2022
Sold
$175,000
15 Nov 2022
Happy sellers in Los Angeles
~%
We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.
Local market activity for land plots in Los Angeles
Sold
For Sale
View the listing for inspection times, agent contact details, and more.