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659 S Soto St, Los Angeles, CA 90023
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659 S Soto St Los Angeles, CA 90023

$1,095,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$1,095,000 Get Pre-Qualified
Map preview of 659 S Soto St, Los Angeles, CA 90023

Property Overview: 659 S Soto St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 4,404 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: RTI approved permits for a "Shovel-Ready", non-rent controlled (no low-income requirement / no SB 8), 4-unit multifamily development that will overlook the downtown Los Angeles skyline and is within close walking proximity to the new 6th Street Bridge and P.A.R.C. under construction. Adding greater value, on December 12, 2023, the LA City Council voted to adopt the Boyle Heights Community Plan with rezoning amendments that will allow up to 11 residential units / 6,601.8 buildable sq. ft. at market rates or up to 20 residential units / 13,203.6 buildable sq. ft. with max bonus. In addition, the new zoning allows for the option of mixed-use development with no restriction on building height and the number of residential units will still remain up to 11 market rate units or up to 20 units with max bonus!

Listed by George Abraham | BRE #02190556 | eXp Realty of California Inc
Last checked: 7 minutes ago | Last updated: January 20th, 2024 | Source CRMLS | DOM: 92
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Home details

Lot Sq. Ft
4,404
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Other
Status
Active
MLS#
23342127
City
Los Angeles
County
Los Angeles
Time on Site
113 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 659 S Soto St

Interior Features
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Rectangular Lot
  • Lot Size Source: Survey
Property Information
  • Parcel Number: 5183025037
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Utilities: Underground Utilities
Location / Neighborhood
Location Information
  • Directions: From downtown LA, take 101 South, take exit 1A for 7th St, turn left onto E 7th St, turn left onto S Soto St
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Sale History for 659 S Soto St

View property's historical transactions

  • January, 2024

  • Jan 15, 2024

    Date

    Active

    CRMLS: 23342127

    $1,095,000

    Price

Tax History for 659 S Soto St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

659 S Soto St is listed 11.34% lower than the median list price for the city of Los Angeles which has a median list price of $1,235,000.

About 659 S Soto St

Detailed summary of property

659 S Soto St is a other located in Los Angeles, CA 90023 and is currently for sale. This property offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 4,404 square foot lot. 659 S Soto St was first listed on ArdentRealEstateGroup.com on January 16, 2024. The homeowner is currently asking $1,095,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 11.34% lower than the median priced home. Local competing homes currently for sale include 4874 Huntington Dr, 1749 E 69th St and 564 S Sadler Ave. While the average home in Los Angeles, CA is selling in 94 days, 659 S Soto St has a days on market of 92 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 659 S Soto St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 659 S Soto St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
20
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. 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 contained herein may or may not have been the Listing and/or Selling Agent.

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