$2,800,000
- Beds
- Unknown
- sq ft
- 9,726
312 N Mathews St, Los Angeles, CA 90033
312 N Mathews St
Los Angeles, CA 90033
- 28 days on market
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.
Details
Property type
Mixed Use
Lot size
9,372 sq ft
Price per sq ft
$288
Year built
1925
Price History
08/23/2024
CRMLS #SB24174227
Listed
$2,800,000
Schools & Community
Neighborhood:
Boyle Heights
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/20/2024 at 2:55 AM
Listing updated: 08/29/2024 at 7:16 PM
Listed by: Alex Sanchez, Phone #: (310) 356-0940
MLS: CRMLS #SB24174227
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