$795,000
Los Angeles, CA 90033
Los Angeles
County
Land
Property Type
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.
$4,231/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 10:45 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
