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209 N Mathews St Los Angeles, CA 90033

$925,000 Sold Price as of 03/01/2021

4 Beds
2 Baths
1,658 Sq.Ft.

Sold

$925,000 Sold Price as of 03/01/2021 Refinance Your Mortgage

Map preview of 209 N Mathews St, Los Angeles, CA 90033

Property Overview: 209 N Mathews St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,658 living square feet and 8,846 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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).

Listed by Talia King | BRE #01717891 | Higher Realty Inc

Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 91

Home details

Lot Sq. Ft: 8,846
HOA Dues: $0/mo
Year built: 1908
Garage: 2 Car
Property Type:: Duplex

Status: Sold
MLS#: SW20216681
City: Los Angeles
County: Los Angeles
Time on Site: 1238 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Electric Meters: 1
# of Gas Meters: 1
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 1
Garage Spaces: 2
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 209 N Mathews St

Interior Features

Laundry Information

Has Laundry
See Remarks

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 2

Lot Information

Lot Features: Near Public Transit
Common Interest: None

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 5180002005
Year Built Source: Public Records
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Homeowners Association

Is Not Part of Association

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Located on N. Mathews between Michigan and Pennsylvania

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Los Angeles Agent

Sale History for 209 N Mathews St

Last sold for $925,000 on March 1st, 2021

March, 2021
Mar 1, 2021

Date

Sold

CRMLS: SW20216681

$925,000

Price
Jan 15, 2021

Date

Pending

CRMLS: SW20216681

$949,000

Price
Jan 8, 2021

Date

Active

CRMLS: SW20216681

$949,000

Price
Dec 16, 2020

Date

Active Under Contract

CRMLS: SW20216681

$949,000

Price
Nov 1, 2020

Date

Pending

CRMLS: SW20216681

$949,000

Price
Oct 14, 2020

Date

Active

CRMLS: SW20216681

$949,000

Price
September, 2020
Sep 1, 2020

Date

Expired

CRMLS: IG19245214

$895,000

Price
Dec 17, 2019

Date

Hold

CRMLS: IG19245214

$895,000

Price
Oct 17, 2019

Date

Active

CRMLS: IG19245214

$895,000

Price
Listing provided courtesy of CRMLS

Two units.... Two on a lot. Front house 3 bedroom, back home 1 bedroom. Access from the alley in the back. Separate 2 car garage. Recently exterior updating, stucco and new windows. Great location, near Dodger Stadium, Medical Centers, Nightlife, MTA. Easy access to 5, 10, 710, and 60 Freeways.

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July, 1998
Jul 2, 1998

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 209 N Mathews St

Assessed Value (2020): $50,574

Year	Land Value	Improved Value	Assessed Value
2020	$31,799	$18,775	$50,574

Home Value Compared to the Market

This property vs the competition

209 N Mathews St sold on March 1, 2021 for 16.02% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $572.38 per/sqft which puts the price per square foot 24.09% lower than the current median sale per square foot for the city of Los Angeles.

About 209 N Mathews St

Detailed summary of property

209 N Mathews St is a duplex that recently sold in Los Angeles, CA 90033. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,658 living square feet, and sits on an approximately 8,846 square foot lot. 209 N Mathews St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $925,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.02% lower than the current median priced home. Local homes that are currently for sale include 631 S Evergreen Ave, 631 S Evergreen Ave and 2530 Ganahl St. While the average home in Los Angeles, CA is selling in 94 days, 209 N Mathews St has a days on market of 91 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 209 N Mathews St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 209 N Mathews St

Public county record property details

Beds: 4
Baths: 2
Year built: 1908
Sq. Ft.: 1,658
Lot Size: 8,845
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1,4
APN: 5180-002-005

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$649,500

Median List Price/Sq.Ft.

$492

Median Sold Price

$755,000

Median Sold Price/Sq.Ft.

$625

Total Inventory

Median Sale to List Price %

108.01%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.