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 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!
Property Details
Property Features
Listing Office:
Office Name: eXp Realty of California Inc
Office Phone: (888) 584-9427
Listing Agent: George Abraham
Exterior Features
Exterior Information:
View: City Lights, Mountain(s)
Lot Features
Lot Information:
Lot: Rectangular Lot, Level
Lot Size: 0.10 Acres
Other
Directions 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
Price Information
Listing Price Info
Price Summary:
List Price: $800,000
Tax Information:
Annual Amount: $1,893
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $223.4K less than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24427139
Listing Office:
Office Name: eXp Realty of California Inc
Office Phone: (888) 584-9427
Listing Agent: George Abraham
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/14/2024, 1:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 05, 2021
May 05, 2021Home Sold
$327,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,893
$146,002
2020
$1,838
$144,506
2019
$1,816
$141,674
2018
$1,777
$138,897
2017
$1,777
$136,175
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Soto Street Elementary School
1020 S Soto St
Distance between this listing and this school0.32 miles
Public District Grades KG-6
3
/10
Breed Street Elementary School
2226 E 3rd St
Distance between this listing and this school0.43 miles
Public District Grades KG-6
5
/10
Puente Charter
501 S Boyle Ave
Distance between this listing and this school0.47 miles
Public Charter Grades KG-3
Nearby Schools
5
/10
Hollenbeck Middle School
2510 E 6th St
Distance between this listing and this school0.14 miles
Public District Grades 6-8
8
/10
Kipp los Angeles College Preparatory
2810 Whittier Blvd
Distance between this listing and this school0.43 miles
Public Charter Grades 5-8
3
/10
Extera Public
2226 E 3rd St
Distance between this listing and this school0.43 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Boyle Heights Continuation
544 S Mathews St
Distance between this listing and this school0.19 miles
Public District Grades 9-12
5
/10
Theodore Roosevelt High School
456 S Mathews St
Distance between this listing and this school0.27 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school0.27 miles
The neighbors living near this home have an average income of $35,190. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 659 S Soto St
What is the listing price of this property?
The listing price of 659 S Soto St property is $800,000.
What type of property is this?
The property 659 S Soto St is land located in Los Angeles, California, 90023.
Is this property for sale now?
Sale Pending: 659 S Soto St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,893 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 5, 2021 for $327,500. (source: MLS/tax record).
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This home is located at 659 S Soto St in Los Angeles, CA and zip code 90023 in the Boyle Heights neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $800,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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