Bldg SqFt, 1440
Lot Size, 8841.6 sqft
Zone, R3
TOC, Tier 4
Current Build Assumptions:
11 Units by right (R3)
19.85 Units (w/R3 + TOC Tier 4, 80% bonus)
Investors, Developers, & Builders! Hard to find 8,841 sqft lot of R3 property in prime location with a TOC-Tier 4 designation. One block from Soto and 1st Street, currently a vacant 1440 sqft duplex converted into a single unit, previously owner occupied for over 30 years, consisting of two, 730 sqft, 1 bedroom + 1 bath. This lot is right-smack-dab in the middle of the soon to be implemented Boyle Heights Community Plan update. With the current zone assumptions, you can build 11 units by right, and 19.85 utilizing the TOC Tier 4 (80% bonus) designation. The property features a two-car garage, storage/workshop and has an alley way on the south and west sides of the property. Plenty of possibilities.
PRIME AREA OF BOYLE HEIGHTS, Central Location - minutes away from Downtown LA, the new 6th LA Bridge, Cal State LA, Schools, Restaurants, Parks, near all major freeways and LAC-USC Hospital.
Excellent Opportunity for either Owner User, Development opportunity, either add ADU’s or potential build from the ground up.
Sold for $1,300,000 on 03/28/25
Listing Provided by:
Verzhine "Gina" Uzunyan DRE #00984953 818-521-8088,
Koenig Properties,
Edgar Koenig DRE #00831815,
Ed Koenig IRE
Bought with: Koenig Properties
$1,300,000
119 N Mathews St, Los Angeles, CA 90033
2beds
2baths
1,440sqft
Duplex
Built in 1922
-- sqft lot
$1,039,400 Zestimate®
$903/sqft
$2,871 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 26, 2024 at 04:02pm
Listing Provided by:
Verzhine "Gina" Uzunyan DRE #00984953 818-521-8088,
Koenig Properties,
Edgar Koenig DRE #00831815,
Ed Koenig IRE
Bought with:
Verzhine "Gina" Uzunyan, DRE #00984953
Koenig Properties
Source: CRMLS,MLS#: SR23123312
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Property
Parking
- Total spaces: 2
- Parking features: Gated, On Site
- Garage spaces: 2
Features
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 8,842 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5180002009
- Zoning: LAR3
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Submit
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,039,400