Description

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. 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.

Property details

Property type

Land

Lot size

8,848 sqft

Location

209 N Mathews • Los Angeles, CA 90033

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Listed by

Steven Bogoyevac · Steven M. Bogoyevac, Broker

Similar Listings

Recent sales near 209 N Mathews

133 S Mathews: Sold $1,220,000 · 6 bd · 3 ba · 2,744 sqft · Aug 2026 · 0.2 mi
Odyssey Realty Group | DRE #01324795
Buyer's agent: Alfredo Pineda, Keller Williams Beverly Hills | DRE #01434229
223 N Breed Street: Sold $2,795,000 · 32 bd · 12,064 sqft · Jan 2026 · 0.2 mi
Compass | DRE #01984555
Buyer's agent: Shant Sherbetdjian, Remax Commercial and Investment Realty | DRE #01713570
2618 Gleason: Sold $640,000 · 3 bd · 1 ba · 1,033 sqft · Jun 2026 · 0.2 mi
Coldwell Banker Envision | DRE #01353834
Buyer's agent: Remoun Said, Keller Williams Pacific Estates | DRE #01427142
2618 Gleason Avenue: Sold $600,000 · 3 bd · 1 ba · 1,033 sqft · Jan 2026 · 0.2 mi
Coldwell Banker Envision | DRE #01353834
Buyer's agent: Patricia Fusilier, Berkshire Hathaway HomeServices California Properties | DRE #01353834
2710 New Jersey Street: Sold $930,000 · 9 bd · 5 ba · 3,626 sqft · May 2026 · 0.2 mi
Lyon Stahl Investment Real Estate, Inc. | DRE #02128816
Buyer's agent: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. | DRE #02128816
2714 New Jersey Street: Sold $530,000 · 4 bd · 2 ba · 1,664 sqft · May 2026 · 0.2 mi
Lyon Stahl Investment Real Estate, Inc. | DRE #02128816
Buyer's agent: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. | DRE #02128816
2600 E 2nd: Sold $585,000 · 3 bd · 1 ba · 1,234 sqft · Jul 2026 · 0.2 mi
Realty World 5 Star Brokers | DRE #01122826
Buyer's agent: Karen Zapien Nunez, ROA California Inc | DRE #02150612
2715 New Jersey Street: Sold $547,000 · 3 bd · 2 ba · 1,458 sqft · Apr 2026 · 0.2 mi
Keller and Associates Realty | DRE #01317265
Buyer's agent: Rene Farrington, Keller and Associates Realty | DRE #01317265

Closed sales reported in 90033, nearest first, last 12 months. All recent sales in Los Angeles →

Land - 209 N Mathews, Los Angeles, CA