$2,750,000
312 Mathews Street, Los Angeles 90033
18
Beds
12
Baths
9,372
Lot Size
10
# Of Units
Listing Agent
Alex Sanchez - Realty ONE Group UnitedLocated 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.
Facts & Features
| MLS® # | SB25030197 |
|---|---|
| Price | $2,750,000 |
| Bedrooms | 18 |
| Bathrooms | 12.00 |
| Lot Size | 9,372 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 10 |
Community Information
| Address | 312 Mathews Street |
|---|---|
| Area | BOYH - Boyle Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90033 |
Amenities
| View | None |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Floor Furnace, Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
Exterior
| Lot Description | Corner Lot |
|---|
Additional Information
| Date Listed | February 10th, 2025 |
|---|---|
| Days on Market | 42 |
| Zoning | LAR3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Alex Sanchez |
|---|---|
| Office | Realty ONE Group United |