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Overview
- Updated On:
- November 7, 2024
Property 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.
Address: 457 1/2 S Soto Street
City: Los Angeles
State/County: Los Angeles
Zip: 90033
Country: US
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Property Id : 512550
Price: $ 739,000
Property Lot Size: 0 ft2
$ 3,789.00
per month- Principal and Interest
- Property Tax
- HOA fee
$ 2,865.25
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