Beautiful 4 Unit Property in up and coming Boyle Heights! With easy access to multiple freeways and close proximity to the Arts District, DTLA, Chinatown, & LAC/USC Hospital, this 4 unit quadraplex affords many possibilities. Featuring two 3 Bed / 2 Bath units (approx. 1,400 sq ft) and two 2 Bed / 1 Bath units (722 sq ft), this property also features enclosed, onsite parking for 8 cars and 2 laundry rooms for tenant use. 3 bedroom units have newer plumbing and electric, newer gas lines and meters, newer central AC / furnace, newer insulation & newer environmental water runoff tank . Both 2 bedroom units have new plumbing and new water main line. All units feature laminate & tile flooring throughout, granite and tile counters in kitchens & baths & slab granite in showers. Gated tandem carport parking in back is accessed through alley, 2 front tandem stalls are accessible from S. Mathews.
Sold for $1,300,000
Listing Provided by: Pacific Agency Group
Bought with: Coldwell Banker Platinum Prop
Tax assessed value
$1,300,000
509 S Mathews St, Los Angeles, CA 90033
10beds
6baths
4,236sqft
Quadruplex
Built in 1968
-- sqft lot
$1,402,600 Zestimate®
$307/sqft
$2,990 Estimated rent
Home value
$1,402,600
$1.28M - $1.56M
$2,990/mo
Zestimate® history
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$8,249/mo
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Zillow last checked:
Listing updated:
Listing Provided by:
Kathy Asato DRE #01416946 949-510-8162,
Pacific Agency Group
Bought with:
Masoud Ardalan, DRE #01929682
Coldwell Banker Platinum Prop
Source: CRMLS,MLS#: OC24138213
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Forced Air, Wall Furnace
Cooling
- Central Air, None, See Remarks
Appliances
- Laundry: Common Area, Outside
Features
- Flooring: Laminate, Tile
- Has fireplace: Yes
- Fireplace features: Bath, Electric, Family Room, Gas, Kitchen, Primary Bedroom, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,236
- Total interior livable area: 4,236 sqft
Property
Parking
- Total spaces: 9
- Parking features: Covered, Carport, Driveway, Driveway Up Slope From Street, On Site, Off Street, Tandem, Uncovered
- Carport spaces: 3
- Uncovered spaces: 6
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Fencing: Chain Link
Lot
- Size: 6,001 sqft
- Features: Yard
Details
- Parcel number: 5185003014
- Zoning: LARD1.5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Street Lights, Suburban, Sidewalks
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 8574
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2024 | Sold | $1,300,000-7.1%$307/sqft |
Source:  CRMLS #OC24138213 Report a problem | ||
| 9/26/2024 | Contingent | $1,399,000$330/sqft |
Source: CRMLS #OC24138213 Report a problem | ||
| 8/26/2024 | Price change | $1,399,000-3.5%$330/sqft |
Source: CRMLS #OC24138213 Report a problem | ||
| 8/1/2024 | Price change | $1,449,000-3.3%$342/sqft |
Source: CRMLS #OC24138213 Report a problem | ||
| 7/13/2024 | Listed for sale | $1,499,000$354/sqft |
Source: CRMLS #OC24138213 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,107 +85.1% | $1,300,000 +92.8% |
| 2024 | $8,704 +1.9% | $674,221 +2% |
| 2023 | $8,543 +4.7% | $661,002 +2% |
| 2022 | $8,159 +1.5% | $648,042 +2% |
| 2021 | $8,040 -0.9% | $635,337 +1% |
| 2020 | $8,115 | $628,824 +2% |
| 2019 | $8,115 +25.4% | $616,495 +65.3% |
| 2018 | $6,470 +34.5% | $372,908 +2% |
| 2017 | $4,809 +2.2% | $365,597 +2% |
| 2016 | $4,707 +2.9% | $358,429 +330.9% |
| 2015 | $4,573 +271% | $83,183 +2% |
| 2014 | $1,232 | $81,554 +2.5% |
| 2012 | -- | $79,596 +2% |
| 2011 | -- | $78,036 +0.8% |
| 2010 | -- | $77,453 -0.2% |
| 2009 | -- | $77,638 +2% |
| 2008 | -- | $76,117 +2% |
| 2007 | -- | $74,625 +2% |
| 2006 | -- | $73,163 |
| 2005 | -- | $73,163 +4% |
| 2004 | -- | $70,325 +1.9% |
| 2003 | -- | $69,038 +2% |
| 2002 | -- | $67,685 +4% |
| 2000 | -- | $65,059 |
Find assessor info on the county website
Neighborhood: Boyle Heights
Nearby schools
GreatSchools rating
- 6/10Breed Street Elementary SchoolGrades: K-6Distance: 0.3 mi
- 6/10Hollenbeck Middle SchoolGrades: 6-8Distance: 0.1 mi
- 4/10Theodore Roosevelt Senior HighGrades: 9-12Distance: 0.1 mi
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Estimated market value
$1,402,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,402,600
- California
- Los Angeles County
- Los Angeles
- 90033
- Boyle Heights
- 509 S Mathews St
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