457 1/2 S Soto Street
Los Angeles, CA 90033
Active for $739,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 7,059 sqft
MLS | 24446487 |
Year Built | |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $739,000 |
Structure Size | N/A sqft |
Lot Size | 7,059 sqft |
Beds | N/A |
Baths |
Description
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.
Listing information courtesy of: George Abraham, eXp Realty of California Inc 909-645-1536. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.