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335 N Soto St - 335 N SOTO 0.16 Acres of Commercial Land Offered at $1,150,000 in Los Angeles, CA 90033

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INVESTMENT HIGHLIGHTS

  • Fully cleared and graded lot, ready for immediate development.
  • Prime Boyle Heights location near USC Medical Center and Downtown Los Angeles.
  • High rental demand in a rapidly growing, transit-oriented community.
  • Preliminary plans for 17-unit apartment building; potential for 30+ units with approvals.
  • Excellent freeway access to I-10, I-5, and US-101, plus strong public transit connectivity.

EXECUTIVE SUMMARY

Vacant lot with significant development potential. Preliminary plans (not yet approved) were initiated by the owner for a 3-story residential building featuring 17 one-bedroom apartments, totaling over 14,000 sq. ft. of living space. This 6,905 SF vacant lot can be developed into an apartment building with 17- 30 units. The existing structure has already been demolished, and only minimal grading is required, allowing a buyer to move forward quickly with development. The property is ideally located in the heart of Boyle Heights, offering excellent access to public transportation and nearby amenities. It is just minutes from USC Medical Center, with close proximity to Downtown Los Angeles and major freeways. Rental demand in the area is strong, making this an attractive investment opportunity.
The buyer may continue with the current design plans or revise them for a larger project. The owner has been informed that a development of 30+ units may be possible, subject to buyer verification and city approval.

PROPERTY FACTS

Price $1,150,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 0.16 AC
Zoning C1-1-CUGU - Limited Commercial Zone

1 LOT AVAILABLE

Lot FR16

Price $1,150,000
Price Per AC $7,254,742.39
Lot Size 0.16 AC

6,905 SF of level land for development.

DESCRIPTION

Positioned in the vibrant Boyle Heights neighborhood, 335 N Soto Street offers a prime development opportunity in one of Los Angeles’ most dynamic submarkets. This 6,905-square-foot parcel is fully cleared and graded, minimizing pre-construction costs and accelerating project timelines. The property benefits from LAC1 zoning, which supports a range of residential and mixed-use development options. Preliminary plans have been initiated for a three-story, 17-unit apartment building totaling over 14,000 square feet of living space, and the site may accommodate 30 or more units with city approval, providing significant upside for developers. The location delivers exceptional connectivity and demand drivers. Situated minutes from USC Medical Center and Downtown Los Angeles, the site offers immediate access to major freeways, including the I-10, I-5, and US-101, as well as robust public transit options. Boyle Heights is experiencing strong rental demand, driven by its proximity to employment hubs, cultural amenities, and transit-oriented infrastructure. This property represents a rare chance to capitalize on Los Angeles’ housing shortage with a project that aligns with the city’s growth initiatives. Whether continuing with the current design or pursuing a larger-scale development, investors will find this site ideally suited for long-term value creation.

Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5175-010-027
Land Assessment
$704,641
Improvements Assessment
$0
Total Assessment
$704,641
  • Listing ID: 38809548

  • Date on Market: 12/17/2025

  • Last Updated:

  • Address: 335 N Soto St, Los Angeles, CA 90033

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