$1,100,000 Price Analysis 142 N Soto StLos Angeles, CA 90033 6 bed 3 bath 2,520 SqFt ($436/SqFt) 8,911SqFt lot. Built 1923 Listed 2024-06-03, Taxes $4,827 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
142 N Soto St is a developers dream! Situated on an expansive 8, 911 square foot lot, this property boasts ample space for potential expansion or redevelopment. Zoned LAR4 with TOC4 designation, it presents an exciting prospect for investors seeking to maximize its development potentil. With 22 units permitted by right, the property unlocks further possibilities with a TOC4 bonus, allowing for up to 40 units. Furthermore, a notable aspect of this property is its commitment to affordability, with the potential to develop up to 55 units dedicated to meeting the community's affordable housing needs. Whether you're looking to capitalize on the existing rental income, explore redevelopment opportunities or contribute to the community's affordable housing initiatives, 142 N Soto St pre sents a versatile and promising investment. The rear 2 Bedroom + 1 Bathroom will be delivered vacant at Close of Escrow. DO DISTURB TENANTS!
DRIVE BY ONLY!
Presented by Michael R. Fukushima at
Keller Williams Realty Downtown LA.
Property MLS #24-399671 from TheMLSCLAW
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $117,168 + $244,435 $361,603 | $4,827 |
2021 | $114,871 + $239,643 $354,514 | $4,760 |
2020 | $113,694 + $237,186 $350,880 | $4,800 |
2019 | $111,465 + $232,536 $344,001 | $4,629 |
2018 | $109,280 + $227,977 $337,257 | $4,482 |
2017 | $107,138 + $223,507 $330,645 | $4,389 |
2016 | $105,038 + $219,125 $324,163 | $4,270 |
2015 | $103,461 + $215,834 $319,295 | $4,213 |
2014 | $101,435 + $211,607 $313,042 | $4,246 |
2013 | $100,977 + $210,651 $311,628 | $4,246 |
2012 | $178,391 + $118,927 $297,318 | $4,197 |
2010 | $174,894 + $116,596 $291,490 | $4,122 |
2009 | $163,000 + $222,000 $385,000 | $5,139 |
2009 | $173,587 + $115,725 $289,312 | $5,139 |
2008 | $168,300 + $474,300 $642,600 | $8,087 |
2007 | $165,000 + $465,000 $630,000 | $8,453 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.