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    209 N Mathews Street

    Los Angeles, CA 90033
    • $949,000
    • STATUS: PENDING
    • ON SITE: 95 days
    • ID#: 302944290
    Pending
    UPDATED: 66 min ago
    $949,000
    • 4
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    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 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).

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.callstein.com/homes/110992992
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    209 N Mathews Street Los Angeles, CA 90033

    • Price: $949,000
    • Status: PENDING
    • Updated: 66 min ago
    • ID#: 302944290
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1908
    Built
    Neighborhood:
    Los Angeles (90033)
    County:
    Los Angeles
    Area:
    Los Angeles (90033)
    Property Description
    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 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).
    Exterior Features

    Pool N/K Site Sidewalks

    Interior Features

    Total Baths Unit1 1 Total Baths Unit2 1

    Property Features

    Annual Expense Actual 0 Buildings 2 Gross Scheduled Income Actual 0 Home Owners Fees 0.0 Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Zoning Public Rec

    Listing provided courtesy of Higher Realty Inc. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Keller Williams Realty La Jolla
    7817 Ivanhoe Ave.
    La Jolla CA, 92037