312 N Mathews Street, Los Angeles, CA 90033 - Berkshire Hathaway HomeServices California Properties

312 N Mathews Street, Los Angeles, CA 90033

$2,750,000 Approx. USD 0 beds, 0 baths

Listing Agent


Alex Sanchez | investalex15@gmail.com
Lic#: 01734841
Broker: Courtesy of Realty ONE Group United

Agent Remarks

Located in the rapidly gentrifying Boyle Heights neighborhood of Los Angeles, the property occupies a corner lot just blocks from the busy retail corridor along Cesar E Chavez Avenue, which features a Walgreens, La Monarca Bakery, and several restaurant options. Based on current rents and expenses, the offering boasts an attractive 5.36% CAP Rate for a new investor. Constructed between 1905 and 1925, the three buildings feature an excellent unit mix. Two of the buildings are large single-family homes*, while the eight-unit apartment building on the site includes a three-bedroom unit and seven one-bedroom units with dens. Combined, the rentable area totals 9,726 square feet spread among the 10 units. Seller believes one single-family house was converted into 7 single room occupancy rooms. Buyer to conduct their own due diligence regarding this matter.

Listing Details

Property type: Mixed Use (Multi-Family)
Status: Active
MLS# SB25030197
Price: $2,750,000
Beds: 0
Baths: 0
None fireplaces
Built in 1925
0.22 acres
Lot size: 0.2152
County: Los Angeles
Zoning: LAR3
Lot description: Corner Lot
Heating/cooling: None
Heating description: Floor Furnace,Wall Furnace
MLS area: BOYH - Boyle Heights

Last Updated: 2/11/2025

 Days On Market (DOM): 33

 Find more Los Angeles homes and real estate

 Find more homes in 90033 zip code

This listing belongs to the BOYH - Boyle Heights MLS area

Lat/Long: 34.044879, -118.207171.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90033 Area Map

Demographics

Schools

Near by

Similar Listings