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Millman Team Real Estate

$750,000
0.16 Acre Lot

206 S Soto, Los Angeles, California 90033

  • Land Property Type
Property Description

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.

Basic Details
Land
For Sale
SR26022228
$750,000
None
0.16 Acre
Active
Features
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Phone Connected
$0
Address Map
CA
Los Angeles
Los Angeles
90033
Soto
206
W119° 47' 21.8''
N34° 2' 30.4''
On Soto near 1st Street
BOYH - Boyle Heights
S
LARD1.5
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Urban
: Multi-Family
: 0-1 Unit/Acre, Yard, Paved, Value In Land, Near Public Transit
2026-01-30
Investment, Multi-Family, See Remarks
850000
: Public
Broker/Agent Information
Koenig Properties
Verzhine Uzunyan
Listing Information
Edgar Koenig
f210071186
SR0197300
Ed Koenig IRE
F210086643
F6802001
Cash, Cash to New Loan, Submit
Active
2026-06-10T20:06:46Z
CRMLS
: Standard
2026-05-26T08:38:48Z
Agent info
Ray Millman
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