457 S Soto Street

Los Angeles, CA 90033
$739,000
Courtesy of eXp Realty of California Inc

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.

  • Property Details
      • Lot description:ValueInLand, Flat
      • Acres:0.1621
      • Property type:Purchase
      • County:Los Angeles
      • Original List Price:$739, 000
      • MLS #:24446487
      • Cost:739000
      • Property subtype:Land
      • MLS #:24446487

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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