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!
Sold for $800,000
Tax assessed value
$800,000
659 S Soto St, Los Angeles, CA 90023
--beds
--baths
4,399Square Feet
Unimproved Land
Built in ----
4,399 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,301 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,301/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
George Abraham DRE # 02190556 909-645-1536,
eXp Realty of California Inc 888-584-9427
Bought with:
Danny Navarro, DRE # 01938421
Century 21 Allstars
Source: CLAW,MLS#: 24-427139
Facts & features
Property
Features
- Fencing: Fenced
- Has view: Yes
- View description: City, City Lights, Mountain(s), Walk Street
Lot
- Size: 4,399 Square Feet
- Dimensions: 40 x 110
- Features: Street Lighting, Sidewalks, Rectangular Lot, Lot-Level/Flat, Curbs, Single Lot, City Lot, Near Public Transit
- Topography: Flat
Details
- Parcel number: 5183025037
- Zoning: LAC1
- Special conditions: Standard
Utilities & green energy
- Sewer: In Street
- Water: District
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $800,000
- Annual tax amount: $9,656
- Date on market: 12/10/2025
- Inclusions: A new sewer line (6" diameter) was installed from the property to the sewer in 2022 and the property is currently vested in a LLC, which the buyer may request to have included with the purchase (to save the buyer the time and cost of incorporating).
- Exclusions: RTI plans have been approved, but not "pulled", and are approximately $33, 000 in total (school developer fees will be partially reimbursable due to demolition exemption). Buyer to verify.
- Road surface type: Alley Paved, Asphalt, Curbed, Sidewalk
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2024 | Sold | $800,000 |
Source:  CLAW #24-427139 Report a problem | ||
| 11/14/2024 | Pending sale | $800,000-5.9% |
Source: CLAW #24-427139 Report a problem | ||
| 9/7/2024 | Contingent | $850,000 |
Source: CLAW #24-427139 Report a problem | ||
| 8/13/2024 | Price change | $850,000-5% |
Source: CLAW #24-427139 Report a problem | ||
| 6/25/2024 | Price change | $895,000-18.3% |
Source: CLAW #24-342585 Report a problem | ||
| 1/16/2024 | Listed for sale | $1,095,000+234.4% |
Source: CLAW #24-342585 Report a problem | ||
| 5/5/2021 | Sold | $327,500-11.2% |
Source: Public Record Report a problem | ||
| 1/20/2021 | Listing removed | $369,000 |
Source:  CLAW #20563834 Report a problem | ||
| 1/5/2021 | Contingent | $369,000 |
Source: CLAW #20563834 Report a problem | ||
| 5/9/2020 | Pending sale | $369,000 |
Source: Keller Williams-Santa Monica #20563834 Report a problem | ||
| 3/13/2020 | Listed for sale | $369,000-18% |
Source: Keller Williams-Santa Monica #20563834 Report a problem | ||
| 10/18/2019 | Listing removed | $450,000 |
Source: Keller Williams-Santa Monica #19-490018 Report a problem | ||
| 8/13/2019 | Price change | $450,000+12.8% |
Source: Keller Williams Santa Monica #19490018 Report a problem | ||
| 7/17/2019 | Listed for sale | $399,000-0.2% |
Source: Keller Williams-Santa Monica #19-490018 Report a problem | ||
| 6/2/2018 | Listing removed | $399,900 |
Source: California Regional MLS #PW18108282 Report a problem | ||
| 5/9/2018 | Listed for sale | $399,900 |
Source: California Regional MLS #PW18108282 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,656 +93.5% | $800,000 +99.4% |
| 2024 | $4,990 +2% | $401,136 +2% |
| 2023 | $4,894 +4.9% | $393,271 +2% |
| 2022 | $4,667 +146.5% | $385,560 +164.1% |
| 2021 | $1,893 -90.9% | $146,002 +1% |
| 2020 | $20,787 | $144,506 +2% |
| 2019 | $20,787 +1044.2% | $141,674 +2% |
| 2018 | $1,817 | $138,897 +2% |
| 2017 | $1,817 +2.3% | $136,175 +2% |
| 2016 | $1,777 +3% | $133,505 +1.5% |
| 2015 | $1,725 +0.7% | $131,500 +2% |
| 2014 | $1,713 | $128,925 +2.5% |
| 2012 | -- | $125,828 +2% |
| 2011 | -- | $123,362 +0.8% |
| 2010 | -- | $122,441 -0.2% |
| 2009 | -- | $122,733 +2% |
| 2008 | -- | $120,327 +2% |
| 2007 | -- | $117,969 +2% |
| 2006 | -- | $115,657 |
| 2005 | -- | $115,657 +4% |
| 2004 | -- | $111,169 +1.9% |
| 2003 | -- | $109,133 +2% |
| 2002 | -- | $106,994 +4% |
| 2000 | -- | $102,841 |
Find assessor info on the county website
Neighborhood: Boyle Heights
Nearby homes
- $4,4954 bd4 ba2k sqft659 S Soto St #1, Los Angeles, CA 90023For Rent
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- $662,5003 bd1 ba1.1k sqft2263 Terrace Heights Ave, Los Angeles, CA 90023Sold
- $655,1003 bd2 ba1.5k sqft647 S Soto St, Los Angeles, CA 90023Off Market
Nearby schools
GreatSchools rating
- 9/10Soto Street Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Hollenbeck Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Theodore Roosevelt Senior HighGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- District: Los Angeles Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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