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317 N Mathews St - Residential Development Opportunity 0.19 Acres of Residential Land Offered at $1,516,510 CAD in Los Angeles, CA 90033
Investment Highlights
- SB 79 Advantage: Build 60+ units without removing the existing duplex—SB 79 overrides local zoning near transit hubs.
- Development Ready: R4 zoning, TOC Tier 3, no height limit, 8,494 sq ft lot in a transit priority and redevelopment area.
- Prime Location: Boyle Heights, minutes from Downtown LA, USC Medical Center, LA Live, and major freeways (5, 10, 101).
Executive Summary
SB 79 – Builders, investors R4 zoning, TOC Tier 3. More than 60 units can be built without tearing down the duplex. SB 79 overrides local zoning laws to allow more apartments near major public transit hubs. Lot size 8,494 square feet. Boyle Heights, minutes away from downtown, near USC Medical Center, USC Health Science Campus, LA Live, Art District, park, close to 5, 10, 101 freeway. Transit priority area, redevelopment project area. No height limit.
Property Facts
| Price | $1,516,510 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.19 AC |
| Property Type | Land | ||
| Zoning | R4 - Multiple Dwelling Zone | ||
| Price | $1,516,510 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.19 AC |
| Zoning | R4 - Multiple Dwelling Zone |
1 Lot Available
Lot
| Price | $1,516,510 CAD | Lot Size | 0.19 AC |
| Price Per AC | $8,060,626.12 CAD |
| Price | $1,516,510 CAD |
| Price Per AC | $8,060,626.12 CAD |
| Lot Size | 0.19 AC |
8,494 square feet. R4 Zoning.
Description
.19 acre parcel zoned for multi-family (R4) properties.
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Exceptionally walkable
90/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5180-001-020 | Improvements Assessment | $78,501 CAD |
| Land Assessment | $863,547 CAD | Total Assessment | $942,048 CAD |
Property Taxes
Parcel Number
5180-001-020
Land Assessment
$863,547 CAD
Improvements Assessment
$78,501 CAD
Total Assessment
$942,048 CAD
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317 N Mathews St - Residential Development Opportunity
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