318 N Mathews Street

  • Los Angeles

  • $1,075,000
  • Acres
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Lot/LandDetails

Description & Essential
Description
Presented for sale is 318 N. Mathews St. in the improving and gentrifying Los Angeles City neighborhood of Boyle Heights. This vacant 3,077sf duplex is prime for redevelopment due to it's large 8,545sf R3-1 lot surrounded on three sides by two alleys and the street. While an 11 unit by-right development is doable, encouraged is a fully Transit Oriented Communities development utilizing it's Tier 3 TOC density bonus. Build approximately 20 units (2 low income) and have as little parking on site as 10 spots. Potential for on-grade construction makes this a perfect development play for someone that understands the Boyle Heights market and sees the potential in this burgeoning market.
Essential
MLS #18344764
Price$1,075,000
Lot Square Feet≈ 8,546
CountyLos Angeles
StateCA
ViewSee Remarks
AreaBOYH - Boyle Heights
ZoneR3-1 Tier 3
StatusActive
Sale TypeStandard
Listing BrokeragePacific Union International
Listing AgentDario Svidler
Listing Agent BRE #01884474

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Based on information from California Regional Multiple Listing Service, Inc. as of Wednesday, May 16, 2018. 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.