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431 S Mathews St, Los Angeles, CA 90033
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431 S Mathews St Los Angeles, CA 90033

$960,000 Sold Price as of 05/18/2022
  • 4 Beds
  • 4 Baths
  • 1,969 Sq.Ft.
Sold
$960,000 Sold Price as of 05/18/2022 Refinance Your Mortgage
Map preview of 431 S Mathews St, Los Angeles, CA 90033

Property Overview: 431 S Mathews St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,969 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to own 4 units in Prime Boyle Heights. Live in one rent the others, or future development opportunities with the right vision and resources. Freshly painted interiors, semi upgraded in units 1, and 2, coming in at 432 sqft each, and unit 4 fully updated coming in at 269 sqft. The largest unit 3, comes with 832 sqft and is updated from top to bottom with new wood laminate floors, ceiling fans, single room ac units in the living room and bedroom, complete upgraded kitchen with appliances, upgraded bathroom, and so much more. Minutes drive to Downtown Los Angeles, The Art District, USC, Cal State LA, and LA Live. Easy access to all major freeways 5, 10, 60, & 710 freeways. Walking distances to amazing eateries, coffee shops, restaurants, shopping, parks, schools, and LA Metro rail station. With its premier location and money-making opportunities, this Property won’t last long.

Listed by Frank Del Rio | BRE #01321550 | Coldwell Banker Realty
Last checked: 1 minute ago | Last updated: May 19th, 2022 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
PW22018943
City
Los Angeles
County
Los Angeles
Time on Site
868 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $94,800
  • Net Operating Income: $83,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,400
  • Electric: $4,800
  • Gas/Fuel: $1,200
  • Trash: $1,200
  • Insurance: $1,200
  • Water/Sewer: $3,000

Property Details for 431 S Mathews St

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Vinyl, Wood
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Gated, Parking Space, Shared Driveway
Lot Information
  • Lot Features: Front Yard, Lawn, Near Public Transit, Park Nearby, Secluded, Value In Land, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5185001006
  • Year Built Source: Assessor
  • Foundation Details: Raised, Slab
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East of Soto St and south of E 4th St
Neighborhood Information
  • Community Features: Biking, Curbs, Park, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 431 S Mathews St

Last sold for $960,000 on May 18th, 2022

  • May, 2022

  • May 18, 2022

    Date

    Sold

    CRMLS: PW22018943

    $960,000

    Price

  • Feb 8, 2022

    Date

    Active

    CRMLS: PW22018943

    $899,999

    Price

  • September, 2021

  • Sep 1, 2021

    Date

    Active

    CRMLS: EV21192992

    $880,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to own a triplex with an additional Studio, in BOYLE HEIGHTS! Located in the heart of Los Angeles! Live in one unit and rent the others or rent them all, Don't miss this opportunity!! All units are kept in great condition one unit and studio have been remodeled with modern style and laminate floors, updated cabinets, and countertops. You won't find a better-looking property!! The property is walking distance from DTLA, Downtown Los Angeles, Metropolitan areas, Cal State, LA University, Centrally Located to USC Medical Center, and easy access to 5 FWY, 60 FWY, 10 FWY, and 710 FWY. Two units consist of 1 Bedroom 1 Bathroom, the third unit consists of 2 Bedrooms 1 Bathroom with an attached studio which the owner is converting into a legal ADU (owner is working with the City to get the approval very soon.) property is close to schools, restaurants, shopping centers, and more...

  • July, 2021

  • Jul 27, 2021

    Date

    Withdrawn

    CRMLS: PW21082930

    $849,999

    Price

  • Jul 1, 2021

    Date

    Hold

    CRMLS: PW21082930

    $849,999

    Price

  • Jul 1, 2021

    Date

    Active

    CRMLS: PW21082930

    $849,999

    Price

  • Jun 5, 2021

    Date

    Hold

    CRMLS: PW21082930

    $849,999

    Price

  • Jun 5, 2021

    Date

    Active

    CRMLS: PW21082930

    $849,999

    Price

  • May 6, 2021

    Date

    Hold

    CRMLS: PW21082930

    $849,999

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: PW21082930

    $849,999

    Price

  • Listing provided courtesy of CRMLS

    Vacant units ****Welcome to this beautiful Triplex with additional studio in Boyle Heights. One building featuring 1 bed 1 bathroom, second unit is a 1 bed 1 bathroom, the third unit is 2 bed 1 bath with an attached studio that the owner is converting into a legal JR. ADU ( 3 months from getting approved ). This is the perfect investment home. You get the best of both worlds. Live in one and rent the rest. Minutes to DTLA, Urth Caffe, LA Cleantech Incubator and the Arts District Park. Near USC; walk to SCI Arc. Check out the red hot Arts District - home to Spotify, Warner Bros. Music, SOHO House, award-winning 5 star restaurants like Factory Kitchen & Manuela, Urban Radish market, clubs, taverns and all things hip and trending. This property is close to the 5, 60, 10, 710 freeway and public transit. The building has 2 units vacant and 2 units occupied. Both tenant leases are up December 2021. Property zoning to build multiple units.( LARD 1.5)

  • April, 2021

  • Apr 20, 2021

    Date

    Withdrawn

    CRMLS: PW21064667

    $999,000

    Price

  • Mar 28, 2021

    Date

    Active

    CRMLS: PW21064667

    $999,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this beautiful Triplex with additional studio in Boyle Heights. One building featuring 1 bed 1 bathroom, second unit is a 1 bed 1 bathroom, the third unit is 2 bed 1 bath with an attached studio that the owner is converting into a legal JR. ADU ( 3 months from getting approved ). This is the perfect investment home. You get the best of both worlds. Live in one and rent the rest. Minutes to DTLA, Urth Caffe, LA Cleantech Incubator and the Arts District Park. Near USC; walk to SCI Arc. Check out the red hot Arts District - home to Spotify, Warner Bros. Music, SOHO House, award-winning 5 star restaurants like Factory Kitchen & Manuela, Urban Radish market, clubs, taverns and all things hip and trending. This property is close to the 5, 60, 10, 710 freeway and public transit. The building has 2 units vacant.

  • December, 2020

  • Dec 23, 2020

    Date

    Expired

    CRMLS: PW20198446

    $799,999

    Price

  • Oct 21, 2020

    Date

    Withdrawn

    CRMLS: PW20198446

    $799,999

    Price

  • Oct 7, 2020

    Date

    Hold

    CRMLS: PW20198446

    $799,999

    Price

  • Sep 22, 2020

    Date

    Active

    CRMLS: PW20198446

    $799,999

    Price

  • Listing provided courtesy of CRMLS

    The building will be will be delivered vacant.Welcome to this beautiful Triplex in Boyle Heights. One building featuring 1 bed 1 bathroom, second unit is a 1 bed 1 bathroom, the third unit is 2 bed 1 bath with an attached studio that the owner is converting into a legal JR. ADU. This is the perfect investment home. You get the best of both worlds. Live in one and rent the rest. Minutes to DTLA, Urth Caffe, LA Cleantech Incubator and the Arts District Park. Near USC; walk to SCI Arc. Check out the red hot Arts District - home to Spotify, Warner Bros. Music, SOHO House, award-winning 5 star restaurants like Factory Kitchen & Manuela, Urban Radish market, clubs, taverns and all things hip and trending. This property is close to the 5, 60, 10, 710 freeway and public transit. The building will be will be delivered vacant. LARD 1.5 ZONING (6,000 sq ft. lot) Build 4 homes on this lot. Welcome

  • November, 2013

  • Nov 7, 2013

    Date

    Sold (Public Records)

    Public Records

    $340,000

    Price

Show More

Tax History for 431 S Mathews St

Assessed Value (2020): $381,097
Year Land Value Improved Value Assessed Value
2020 $179,339 $201,758 $381,097

Home Value Compared to the Market

This property vs the competition

431 S Mathews St sold on May 18, 2022 for 20.35% 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 $457.08 per/sqft which puts the price per square foot 39.38% lower than the current median sale per square foot for the city of Los Angeles.

About 431 S Mathews St

Detailed summary of property

431 S Mathews St is a fourplex that recently sold in Los Angeles, CA 90033. This fourplex offered 4 bedrooms, 4 bathrooms, roughly 1,969 living square feet, and sits on an approximately 6,000 square foot lot. 431 S Mathews St was first listed on ArdentRealEstateGroup.com on February 9, 2022. The homeowner sold the property for $960,000. 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 20.35% lower than the current median priced home. Local homes that are currently for sale include 3512 E 7th St, 923 N Alma Ave and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 98 days, 431 S Mathews St has a days on market of 2 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 431 S 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 431 S Mathews St

Public county record property details
Beds
--
Baths
--
Year built
1928
Sq. Ft.
1,700
Lot Size
6,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,7
APN
5185-001-006

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
$699,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$625
Total Inventory
12
Median Sale to List Price %
108.01%
Avg Days on Market
19
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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.

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