NOT LISTED FOR SALE

312 N Mathews St Los Angeles, CA 90033

13 Beds
14 Baths
9,726 Sq Ft
9,369 Sq Ft Lot

Last Sold November 09, 2020

Last sale price $2,450,000 $252 Per Sq Ft

111 Days on Market

About This Home

As of November 2020

Situated 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 6.00% 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 May Carry Interest-Only Financing for Qualified Buyer Rare Opportunity for New Investor***Seller believes one single-family house has its bedrooms legally rented out individually. Buyer to conduct their own due diligence regarding this matter.***

Last Agent to Sell the Property

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 07/21/2020

Last Buyer's Agent

Alex Sanchez

License #01734841

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,369 Sq Ft Lot

Home Design

  • 9,726 Sq Ft Home

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 14 Bathrooms

Community Details

  • 3 Buildings
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5180-008-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9726
  • Lot Acreage: 0.2151
  • Year Built: 1925
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 257.04

Exterior Features

  • Other Structures: Other

Lot Info

  • Assessed Improvement Percent: 56.92
  • Assessed Improvement Value: 444382
  • Assessed Land Percent: 43.08
  • Assessed Land Value: 336287
  • Total Assessed Value: 780669
  • Assessor Parcel Number: 5180-008-001
  • Lot Size Area: 9369

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 11.14
  • Number Of Units: 10
  • Total Annual Expense: 67668
  • Type Of Units: Residential
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $2,450,000 -2.0% $252 / Sq Ft
07/21/2020 07/21/20 For Sale $2,500,000 -- $257 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Raymundo

    Seller's Agent in 2020

    Rick Raymundo

    Marcus & Millichap

    (818) 219-6146

    2 in this area

    68 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Alex Sanchez

    Section Image
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Map

Source: The MLS

MLS Number: 20-607592

The MLS

California Los Angeles County Los Angeles 90033

312 N Mathews St, Los Angeles, CA

This home is located at 312 N Mathews St, Los Angeles, CA 90033 since 21 July 2020. This property was built in 1925. 312 N Mathews St is a home located in Los Angeles County with nearby schools including Sheridan Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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