312 N Mathews Street, Los Angeles, CA 90033
-
Listed Price :
$2,800,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1925
Property Description
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.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Tile, Vinyl |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
312 N Mathews Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90033 |
| County |
Los Angeles |
| Listing Agent |
Alex Sanchez DRE #01734841 |
| Co-Listing Agent |
Jignesh Patel DRE #01941349 |
| Courtesy Of |
Realty ONE Group United |
| List Price |
$2,800,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
9,372 |
| Year Built |
1925 |
Listing information courtesy of: Alex Sanchez, Jignesh Patel, Realty ONE Group United. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
