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209 N Mathews St - RTI 22-Unit Multifamily Development Lot • Terrain commercial • 0,2 Acres • 2 396 728 $ CAD • Los Angeles, CA 90033



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Faits saillants de l'investissement
- RTI Infill Multifamily Development Opportunity in Boyle Heights: 8,846-SF lot zoned LAR3 with plans to build 22 units, 3 of which are designated LI
- Strong Rental Location Near Downtown Los Angeles: Two blocks from the Metro E line and proximate to freeways, employers and attractions
- Plans Call for All Wood Construction: Lower construction costs compared to steel construction
- Plans Envision a 22-Unit Apartment Building: Mix of nine one-bedroom and 13 two-bedroom units as well as a rooftop common area
- Surrounded by Numerous Multifamily Developments: Recent and ongoing investment in the area signals strong demand and investor sentiment
Résumé de l'annonce
Marcus & Millichap is pleased to present to market 209 North Mathews Street, 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.
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.
Faits sur la propriété
| Prix | 2 396 728 $ CAD | Type de propriété | Terrain |
| Type de vente | Investissement | Sous-type de propriété | Terrain commercial |
| Condition de vente | Projet de redéveloppement | Utilisation proposée | Multi-résidentiel |
| Nombre de lots | 1 | Taille totale du lot | 0,21 AC |
| Zonage | LAR3 - TOC Tier 4 | ||
| Prix | 2 396 728 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | Multi-résidentiel |
| Taille totale du lot | 0,21 AC |
| Zonage | LAR3 - TOC Tier 4 |
1 Lot disponible
Lot
| Prix | 2 396 728 $ CAD | Taille du lot | 0,20 AC |
| Prix par AC | 11 802 123,24 $ CAD |
| Prix | 2 396 728 $ CAD |
| Prix par AC | 11 802 123,24 $ CAD |
| Taille du lot | 0,20 AC |
1 1
Très accessible à pied
80/100
Moyennement adapté aux voitures
70/100
Transports en commun exceptionnels
90/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 5180-002-005 | Évaluation des bâtiments | 454 533 $ CAD |
| Évaluation du terrain | 946 945 $ CAD | Évaluation totale | 1 401 478 $ CAD |
Impôts fonciers
Numéro de lot
5180-002-005
Évaluation du terrain
946 945 $ CAD
Évaluation des bâtiments
454 533 $ CAD
Évaluation totale
1 401 478 $ CAD
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209 N Mathews St - RTI 22-Unit Multifamily Development
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