312 North Mathews Street
$2,800,000
18
9,726
9,726
$288
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...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.
- Listed by Alex Sanchez • DRE #01734841 • Brokerage DRE #01978196 • Realty ONE Group United • 562-239-8819
- Listed by Jignesh Patel • DRE #01941349 • Brokerage DRE #01978196 • Realty ONE Group United
Property Details for 312 North Mathews Street
Architectural Style
Craftsman
Parking Spaces Total0
Private PoolNo
Cooling TypeWall/Window Unit(s)
Total Units10.0
Building TypeAttached
Lot Size SourceAssessor
Living Area9726
LISTING UPDATED: 08/29/2024 03:41 AM
Property Details for 312 North Mathews Street
Status | Active |
---|---|
MLS # | SB24174227 |
Days on Market | 28 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1925 |
Lot Size | 0.22 AC / 9,372 SF |
County | Los Angeles County |
Building Information for 312 North Mathews Street
Stories3Residences-Year Built1925Building Size-Lot Size0.22 AC / 9,372 SF
Property Information for 312 North Mathews Street
Property History for 312 North Mathews Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 312 North Mathews Street
Taxable ValueLand$1,591,812Additions$1,008,147Total$2,599,959
Tax Record2023$32,125 ($2,677 / month)
Home Facts
Total Finished SqFt9,726 SqFtAbove Grade Finished SqFt9,726 SqFtLot Size9,369 SqFtStyleMulti-Family Res (5+ Units)Year Built1925ZoningLAR3CountyLOS ANGELESAPN5180-008-001
Schools near 312 North Mathews Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sheridan Street Elementary School PublicK to 6 | ||
Extera Public Schools CharterK to 8 | ||
Theodore Roosevelt Senior High Public9 to 12 | ||
Felicitas And Gonzalo Mendez High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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