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209 N Mathews

Los Angeles, CA 90033
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SqFt8,848

Sqft(Lot)

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. Locate d 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.

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Detail Ic Property Details

Property Type : Land

Price : $1,700,000

AD Id : 85045730

MLS Id : PW26132458

Lot Size : 8,848 Sqft(Lot)

County : Los Angeles

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  • Lot Information

    Main Square Feet: 8848 Lot Size Acres: 0.2031 Lot Size Source: Assessor Lot Size Square Feet: 8,848 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $1700000
    Cash, Cash to New Loan

  • Tax Information

    Parcel Number: 5180002005 Tax Lot: 4

  • Location Information

    Direction: 2 blocks from the Metro E Line between 1st and Cesar Chavez Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2900 E 1st Street, Los Angeles, CA, 90033 $1,250,000 -- -- -- 6,024 Sqft(Lot)
2525 Gleason Avenue, Los Angeles, CA, 90033 $499,000 -- -- -- 5,746 Sqft(Lot)
1517 Ricardo, Los Angeles, CA, 90033 $975,000 -- -- -- 7,501 Sqft(Lot)
1623 E 1st Street, Los Angeles, CA, 90033 $375,000 -- -- -- 8,349 Sqft(Lot)

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ByOwner last updated this listing 08/20/2026 @ 19:12

MLS: PW26132458 LISTED BY: Steven Bogoyevac, Steven M. Bogoyevac, Broker 562-436-5800 SOURCE: CRMLS

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