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$1,300,000
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Property Description
Beautiful 4 Unit Property in up and coming Boyle Heights! With easy access to multiple freeways and close proximity to the Arts District, DTLA, Chinatown, & LAC/USC Hospital, this 4 unit quadraplex affords many possibilities. Featuring two 3 Bed / 2 Bath units (approx. 1,400 sq ft) and two 2 Bed / 1 Bath units (722 sq ft), this property also features enclosed, onsite parking for 8 cars and 2 laundry rooms for tenant use. 3 bedroom units have newer plumbing and electric, newer gas lines and meters, newer central AC / furnace, newer insulation & newer environmental water runoff tank . Both 2 bedroom units have new plumbing and new water main line. All units feature laminate & tile flooring throughout, granite and tile counters in kitchens & baths & slab granite in showers. Gated tandem carport parking in back is accessed through alley, 2 front tandem stalls are accessible from S. Mathews.
Full Property Details
Full Property Details for 509 S Mathews St
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC24138213
- Added to Site: 588 day(s) ago
Interior
- Fireplace(s): Bath, Family Room, Kitchen, Primary Bedroom, Patio, Electric, Gas
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: Common Area, Outside
Additional Information
- Pool Description: None
Parking
- Parking Features: Carport, Driveway, Driveway Up Slope From Street, Off-Street, On-Site, Tandem Covered, Tandem Uncovered, Uncovered
- Parking: Carport, Driveway, Driveway Up Slope From Street, Off-Street, On-Site, Tandem Covered, Tandem Uncovered, Uncovered
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: From S Soto, E on E 6th, N on S Mathews
Heating & Cooling
- Cooling Type: None, Central Air, See Remarks
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Foundation: Concrete Perimeter
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,236
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.1378
- Lot Size Source: Assessor
- Zoning: LARD1.5
- Lot Description: Yard
Financial Considerations
- Price Per Sq. Ft.: $306.89
- Price Per Unit: 349750
Disclosures and Reports
- Exclusions: All 4 refrigerators, all washer & dryers, stoves in units 1 & 2; all personal property
Listed by Pacific Agency Group, Kathy Asato
Sold by Coldwell Banker Platinum Prop, Masoud Ardalan
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Schools
Schools serving 509 S Mathews St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Breed Street Elementary School 2226 East 3rd Street, Los Angeles, CA 90033 | K-6 | 0.3 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 0.1 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.1 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 S Mathews St
Date
Details
Price
Change
Source
10/23/2024
Sold
$1,300,000
-7.08%
MLS
8/26/2024
Price Reduced
$1,399,000
-3.45%
MLS
8/01/2024
Price Reduced
$1,449,000
-3.34%
MLS
7/12/2024
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
509 S Mathews Street, Los Angeles, CA 90033 (MLS# OC24138213) is a Multi-Family property that was sold at $1,300,000 on October 23, 2024. Want to learn more about 509 S Mathews Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

