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$698,888
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Property Description
Excellent Investment Opportunity in the Heart of Los Angeles!
Don't miss this rare opportunity to own a low-maintenance, income-producing property in a prime location. Ideal for Owner occupant, seasoned investors or buyers seeking stable, long-term residual income, this turnkey asset offers immediate cash flow with strong upside potential.
Property Highlights:
•Income-producing units
•Each unit separately metered for gas and electricity
•One shared water meter
•Detached 1-car garage for each unit
•New roof installed in 2023
•One unit recently updated with new carpet, fresh paint, and new kitchen flooring
•Vacant unit ready for owner-occupancy or new tenant.
This property presents an excellent opportunity for immediate rental income and long-term appreciation in one of Southern California's most desirable market. Whether you're expanding your portfolio or entering the real estate market for the first time, this is an opportunity you don't want to miss.
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Showing & Offer Instructions:
•No sign on property
•Please do not disturb occupants
•Drive-by only - do not walk on property
•Property will be shown only after receipt of a acceptable offer
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Important Disclosures:
Agent, broker and seller do not guarantee the accuracy of the information provided. Buyers are advised to conduct their own due diligence. Property is being sold as-is with no repairs and no guarantees.
Full Property Details
Full Property Details for 657 S Mathews
General
- Sold For: $698,888
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: AR26035759
- Added to Site: 57 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Street
- Parking: Street
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: Exit Soto St, turn on Inez and then on mathews St
Heating & Cooling
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Front/back
- Square Feet: 1,920
- Year Built: 1924
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1378
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $364
- Price Per Unit: 174722
Listed and Sold by Haas Realty & Prop. Management, Shridevi Vanaki
Get Pre-Approved Today
Schools
Schools serving 657 S Mathews
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Soto Street Elementary School 1020 South Soto Street, Los Angeles, CA 90023 | K-6 | 0.3 mi |
Hollenbeck Middle School 2510 East 6th Street, Los Angeles, CA 90023 | 6-8 | 0.1 mi |
Boyle Heights Science, Technology, Engineering and Math Magnet 2550 East 6th Street, Los Angeles, CA 90033 | 9-12 | 0.2 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.3 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 657 S Mathews
Date
Details
Price
Change
Source
4/04/2026
Sold
$698,888
—
MLS
2/20/2026
Listed
$698,888
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
657 S Mathews, Los Angeles, CA 90023 (MLS# AR26035759) is a Multi-Family property that was sold at $698,888 on April 04, 2026. Want to learn more about 657 S Mathews? 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.

