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Image 1 - 312 N Mathews St, Los Angeles, California, 90033 - House for sale
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Image 4 - 312 N Mathews St, Los Angeles, California, 90033 - House for sale
Image 5 - 312 N Mathews St, Los Angeles, California, 90033 - House for sale
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Image 9 - 312 N Mathews St, Los Angeles, California, 90033 - House for sale
N Mathews St, Los Angeles, Home For Sale
312 N Mathews St, Los Angeles, California, 90033

N Mathews St, Los Angeles, Home For Sale

house for sale
Listed: 08/27/24

312 N Mathews St, Los Angeles, California, 90033

18 Bed:
9,726 Sq Ft Living Area:
Save
Price
$ 2,8M

About This House

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 totals9, 726square 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.

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Boyle Heights Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.