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SOLD 3/1/2021
209 N Mathews Street, Los Angeles, CA 90033
4
beds
2
baths
1658
ft2
· 8846
ft2 lot
$925,000
$572 / ft2
Listing provided courtesy of Listing Broker: Talia King, Higher Realty Inc.
Source CRMLS.
Introducing this excellent investment opportunity near USC Medical Center to redevelop this duplex and build up, up, up! This property is zoned Tier2 R3 Transit Oriented Communities (TOC) and falls within the new economic opportunity zone. With this lot being over 8800sf, under the new TOC regulations, a developer may be able to build up to 16 units which would make it just under $60k per door!! The updated TOC guidelines also provide for reduced parking and setback requirements. Located just minutes from the LA USC Medical center and USC Health Sciences Campus makes this a prime location for investors to capture high rents and competitive demand from both healthcare workers and students wanting to live nearby! (Buyer and buyer's agent to do their due diligence and verify all zoning and TOC rules and regulations with the Los Angeles department of Building and Safety).
HOA
$0/month
On market
a month
Year built
1908
Property type
Multi-Family
Parking
2
MLS
SW20216681
Price / Sq.Ft.
$572 / ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $949,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
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Best
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$4,745
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Better
Discount Brokerage
$3,391
not offered
$3,391
Average
Traditional Brokerage
$0
not offered
$0
Variable
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: See Remarks
•   
Laundry: 1
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 1658.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 2.00
Building Info
•   
Building Area Units: Square Feet
•   
Year Built Source: Public Records
Lot Info
•   
Lot Features: Near Public Transit
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2031
•   
Lot Size Area: 8846.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 2
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 1
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 0.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 0.00
•   
Insurance Expense: 0.00
•   
Total Expenses: 0.00
•   
Gross Scheduled Income: 0.00
•   
Operating Expense: 0.00
Tax/Assessment Info
•   
Gross Income: 0.00
•   
Tax Year: 2019
•   
Taxes: 977.0
Lease Info
•   
Net Operating Income: 0.00
Listing Info
•   
Status: Closed
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 0.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 0.00
•   
Unit 1 Total Rent: 0.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
Location
•   
Community Features: Sidewalks
School Info
•   
Directions: Located on N. Mathews between Michigan and Pennsylvania
Other
Calculation
•   
Dom: 91
•   
Cdom: 91
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 11, 2021 10:47am
Neighborhood snapshot
41
Properties for sale
22
Median days on market
$422.83
Median sold price/sqft
100.37%
Sold/List %
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walk score® :
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bike score® :
Property History
03/01/2021
03/01/2021
Public Record
sold
Public Record
$925,000
--2.53%
03/01/2021
03/01/2021
CRMLS #SW20216681
sold
CRMLS #SW20216681
$949,000
01/13/2021
01/13/2021
CRMLS #SW20216681
pending
CRMLS #SW20216681
$949,000
12/16/2020
12/16/2020
CRMLS #SW20216681
active
CRMLS #SW20216681
$949,000
10/30/2020
10/30/2020
CRMLS #SW20216681
pending
CRMLS #SW20216681
$949,000
See more property history
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