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Sold for $698,888
  • Listing Provided by: Haas Realty & Prop. Management
    Bought with: Haas Realty & Prop. Management
    $698,888

    657 S Mathews St, Los Angeles, CA 90023

    4beds
    4baths
    1,920sqft
    Quadruplex
    Built in 1924
    -- sqft lot
    $701,600 Zestimate®
    $364/sqft
    $2,838 Estimated rent

    Home value

    $701,600

    $638,000 - $772,000

    $2,838/mo

    Zestimate® history
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    $2,838/mo

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    $4,385/mo

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    What's special

    Fresh paintNew kitchen flooringIncome-producing units
    Excellent Investment Opportunity in the Heart of Los Angeles! Don’t miss this rare opportunity to own a low-maintenance, income-producing property in a prime location. Ideal for Owner occupant, seasoned investors or buyers seeking stable, long-term residual income, this turnkey asset offers immediate cash flow with strong upside potential. Property Highlights: • Income-producing units • Each unit separately metered for gas and electricity • One shared water meter • Detached 1-car garage for each unit • New roof installed in 2023 • One unit recently updated with new carpet, fresh paint, and new kitchen flooring • Vacant unit ready for owner-occupancy or new tenant. This property presents an excellent opportunity for immediate rental income and long-term appreciation in one of Southern California’s most desirable market. Whether you’re expanding your portfolio or entering the real estate market for the first time, this is an opportunity you don’t want to miss. ________________________________________ Showing & Offer Instructions: • No sign on property • Please do not disturb occupants • Drive-by only — do not walk on property • Property will be shown only after receipt of a acceptable offer _______________________________________ Important Disclosures: Agent, broker and seller do not guarantee the accuracy of the information provided. Buyers are advised to conduct their own due diligence. Property is being sold as-is with no repairs and no guarantees.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Shridevi Vanaki DRE #02224520 626-766-4736,

    Haas Realty & Prop. Management

    Bought with:

    Shridevi Vanaki, DRE #02224520

    Haas Realty & Prop. Management

    Source: CRMLS,MLS#: AR26035759MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Wall Furnace
    Appliances
    • Laundry: Washer Hookup
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,920
    • Total interior livable area: 1,920 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: On Street
    • Garage spaces: 4
    Features
    • Entry location: Front/back
    • Pool features: None
    • Spa features: None
    • Fencing: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,003 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5185027022
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 1900

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    4/4/2026Sold$698,888$364/sqft
    Source: CRMLS #AR26035759 Report a problem
    3/10/2026Pending sale$698,888$364/sqft
    Source: CRMLS #AR26035759 Report a problem
    2/20/2026Listed for sale$698,888$364/sqft
    Source: CRMLS #AR26035759 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,009 +5.2%$44,549 +2%
    2024$959 +1.1%$43,677 +2%
    2023$948 +3.3%$42,822 +2%
    2022$918 +2.2%$41,983 +2%
    2021$897 -0.2%$41,161 +1%
    2020$899 $40,740 +2%
    2019$899 +13%$39,942 +2%
    2018$796 $39,160 +2%
    2017$796 +1.8%$38,393 +2%
    2016$782 +5.1%$37,641 +1.5%
    2015$744 -3.2%$37,076 +2%
    2014$768 $36,350 +2.5%
    2012-- $35,478 +2%
    2011-- $34,784 +0.8%
    2010-- $34,525 -0.2%
    2009-- $34,608 +2%
    2008-- $33,931 +2%
    2007-- $33,267 +2%
    2006-- $32,616
    2005-- $32,616 +4%
    2004-- $31,352 +1.9%
    2003-- $30,778 +2%
    2002-- $30,176 +4%
    2000-- $29,006

    Find assessor info on the county website

    Neighborhood: Boyle Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $701,600
    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
    $701,600