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113 S Mathews Street

Los Angeles (City), CA 90033
  • $1,600,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: PW22083695
UPDATED: 39 min ago
$1,600,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Listing Agent(s): Leticia Georgia of Realty Masters & Associates (909-993-5710)


Description

Beautiful Spanish Architecture with lots of beautiful details throughout the front and back building. The Front unit has 5 units and there is a duplex in the back with a spacious yard in between the two buildings and along the sides of the duplex. The property includes two 2 car garages, currently rented out too. The exterior of the property was painted less than 2 years ago. You can convert the garages to ADUs, 1 is a typical 2 car garage while the other has a 2 add'l room addition (like tandem parking) You have the possibility and space to convert this one to a much bigger 1 bedroom unit. Great upside possibility, one the units are renovated and rented out at market rates. Conveniently located within walking distance to an array of stores and restaurants on 1st street and Soto and has good access to transportation; from the Metro station on 1st and Soto to the Metro bus stops all around the area. A new park is being built on Mathews, lots of new construction is going on around this area including new buildings in Roosevelt High School and large apartment buildings on 1st Street and newer construction currently being built on Soto Street. Be a part of the change and revitalization now taking place in this area...

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T19:31:41.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128019810
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113 S Mathews Street Los Angeles (City), CA 90033

  • Price: $1,600,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 39 min ago
  • ID#: PW22083695
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1913
Built
Neighborhood:
BOYH - Boyle Heights
County:
Los Angeles
Area:
BOYH - Boyle Heights
Property Description
Beautiful Spanish Architecture with lots of beautiful details throughout the front and back building. The Front unit has 5 units and there is a duplex in the back with a spacious yard in between the two buildings and along the sides of the duplex. The property includes two 2 car garages, currently rented out too. The exterior of the property was painted less than 2 years ago. You can convert the garages to ADUs, 1 is a typical 2 car garage while the other has a 2 add'l room addition (like tandem parking) You have the possibility and space to convert this one to a much bigger 1 bedroom unit. Great upside possibility, one the units are renovated and rented out at market rates. Conveniently located within walking distance to an array of stores and restaurants on 1st street and Soto and has good access to transportation; from the Metro station on 1st and Soto to the Metro bus stops all around the area. A new park is being built on Mathews, lots of new construction is going on around this area including new buildings in Roosevelt High School and large apartment buildings on 1st Street and newer construction currently being built on Soto Street. Be a part of the change and revitalization now taking place in this area...
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 7 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Heating Natural Gas Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Curbs Garage YN Yes Gross Income 12000 Gross Scheduled Income 78993 Insurance Expense 6310 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Conventional Net Operating Income 64693 New Construction YN No Number Of Separate Gas Meters 7 Number Of Separate Water Meters 1 Operating Expense 14300 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 3000 Water Sewer Expense 5000 Water Source Public Zoning Lard1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T19:31:41.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Leticia Georgia of Realty Masters & Associates (909-993-5710)