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119 Mathews Street

Los Angeles, CA 90033

$1,300,000 Sale Price
Est. Payment: $ 0/mo
1
Bed
0
Bath
1,440 Sq. Ft.
$833 / Sq. Ft.
Sold

119 Mathews Street

Los Angeles, CA 90033

Sold
$1,300,000 Sale Price
$0/mo
1
Bed
0
Bath
1,440
Sq. Ft.
Bldg SqFt, 1440 Lot Size, 8841.6 sqft Zone, R3 TOC, Tier 4 Current Build Assumptions: 11 Units by right (R3) 19.85 Units (w/R3 + TOC Tier 4, 80% bonus) Investors, Developers, & Builders! Hard to find 8,841 sqft lot of R3 property in prime location with a TOC-Tier 4 designation. One block from Soto and 1st Street, currently a vacant 1440 sqft duplex converted into a single unit, previously owner occupied for over 30 years, consisting of two, 730 sqft, 1 bedroom + 1 bath. This lot is right-smack-dab in the middle of the soon to be implemented Boyle Heights Community Plan update. With the current zone assumptions, you can build 11 units by right, and 19.85 utilizing the TOC Tier 4 (80% bonus) designation. The property features a two-car garage, storage/workshop and has an alley way on the south and west sides of the property. Plenty of possibilities. PRIME AREA OF BOYLE HEIGHTS, Central Location - minutes away from Downtown LA, the new 6th LA Bridge, Cal State LA, Schools, Restaurants, Parks, near all major freeways and LAC-USC Hospital. Excellent Opportunity for either Owner User, Development opportunity, either add ADU’s or potential build from the ground up.
PROPERTY INFORMATION
MLS # SR23123312 Lot Size 8,842 Sq. Ft.
HOA Fees $0/Monthly Property Type Duplex
Price $ 1,200,000
Price Per SqFt: $ 833
DOM 665 Days
Address 119 Mathews Street Type Residential Income
City Los Angeles Sq.Ft. 1,440 Sq. Ft.
Postal Code 90033 Garage 2
County Los Angeles Year Built 1922
Bed / Bath 1 / 0 Parking 2
Built In 1922 Status Closed
Sold Date 2024-01-26
INTERIOR FEATURES
Has Laundry No
Laundry Information None
Has Fireplace No
Fireplace Information None
Has Heating No
Heating Information None
Has Cooling No
Cooling Information None
EntryLocation 1
Entry Level 1
Has Spa No
SpaDescription None
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
  Walk Score: 92 (Walker's Paradise)
  Transit Score: 72 (Excellent Transit)
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,280
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
08/01/2023 Pending $1,200,000
07/22/2023 Pending $1,200,000
07/10/2023 Listed $1,200,000
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Listing provided courtesy of Verzhine "Gina" Uzunyan, Koenig Properties. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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