209 N Mathews , Los Angeles, CA 90033
$1,700,000
Est. Payment: $9,079.19/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 97
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PB13351 - PBOYOSTE,PWOKEEDAV
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House Description

209 North Mathews Street presents a 22-unit RTI infill multifamily development opportunity in Los Angeles’ Boyle Heights. This is an outstanding opportunity to acquire an asset with approved plans in one of Los Angeles’ most active infill development markets. Situated on an 8,846-square-foot LAR3-zoned lot, the property comes with approved plans for a 22-unit apartment building featuring nine one-bedroom units, 13 two-bedroom units, balconies for select units, and a rooftop common area with skyline views designed to enhance renter appeal. Three of the units are designated low income. Construction plans call for all wood construction, lessening construction costs compared to steel construction. Plans also call for storage space which could potentially be converted to four ADUs. Located just around the corner from the Metro E Line, the site offers residents convenient access to Downtown Los Angeles, major employment centers, and area attractions. Its transit-oriented location is increasingly attractive to renters seeking connectivity and affordability. Further enhancing the site’s walkability, a major grocery store is just two blocks away.

Highlights

Listed by Steven Bogoyevac , 562-257-1231 and David O'Keefe , 562-257-1200 Steven M. Bogoyevac, Broker , 562-436-5800. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.2

County

Los Angeles

Area

BOYH - Boyle Heights

Listing ID

PW26132458

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Zoning:LAR3
Principal Interest
$9,079
Taxes
$1,084

Home Price

$1,700,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$340,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,079.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,079.19 $1,083.75 $0.00 $10,162.94
Yearly $108,950.28 $13,005.00 $0.00 $121,955.28
Total $3,268,508.34 $390,150.00 $0.00 $3,658,658.34

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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