318 N Mathews Street

    Los Angeles (City), CA 90033
    • $1,075,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 18344764
    UPDATED: 42 min ago
    $1,075,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-27T16:27:22.63. 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.
    www.lookfororangecountyhomes.com/homes/83658163

    318 N Mathews Street Los Angeles (City), CA 90033

    • Price: $1,075,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 18344764
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    Neighborhood:
    BOYH - Boyle Heights
    County:
    Los Angeles
    Area:
    BOYH - Boyle Heights
    Property 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.
    Exterior Features

    Lot Size Dimensions 50X171 Lot Size Units Square Feet View See Remarks View YN Yes

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard Zoning R3-1 Tier 3

    Listing provided courtesy of Dario Svidler of Pacific Union International.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-05-27T16:27:22.63. 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.
     
    Scott J. Miller Team/RE/MAX Fine Homes
    16400 Pacific Coast HWY, Ste 106
    Huntington Beach CA, 92649