657 S Mathews Los Angeles, CA $ 698,888
657 S Mathews
$ 698,888
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657 S Mathews

Los Angeles, CA, 90023
$ 698,888
Baths1.0 Sq 1,920

Monthly Estimate*

$ 4,303

Listed by Haas Realty & Prop. Management
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $698,888 with 1 full bath. This 1,920 square foot home was built in 1924 on a lot size of 0.1378.

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.

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Multi-Family Active

Price

$ 698,888

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1378

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

AR26035759

Days on Market

10

Features
General
Sewer Public Sewer
Heating Wall Furnace
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Garage Spaces 4
Pool Features None
Year Built 1924
Tenant Pays Cable TV Electricity Gas Telephone
View Neighborhood
Property Subtype Quadruplex
Gross Income 39720
Community Features Sidewalks
County Los Angeles
Net Operating Income 34920
Operating Expense 4800
Insurance Expense 1800
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Exit Soto St turn on Inez and then on mathews St
City Los Angeles
Entry Location Front/back
Senior Community Y/N false
Number Of Units Total 4
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6003
Number of Units Leased 3
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 0
Trash Expense 1200
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 9
Total Actual Rent 1900
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features None
Total Stories 0
Common Walls Item2CommonWalls
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup
Entry Level 2
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Exterior
Fencing None
Parking Features On Street
Lot Features Item25UnitsAcre
Water Source Public
Total Parking 4
Lot Size Area 6003
Number of Buildings 1
Spa false
Building Area Total 1920
Lot Size Acres 0.1378
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Haas Realty & Prop. Management

Broker

S17HRIDEVI@GMAIL.COM

Email

Affordability Calculator

$4,303
Per Month
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Monthly Principal & Interest
$4,303
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/20/2026$698,888 Listed Price

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657 S Mathews, Los Angeles, CA, 90023 is a Multi-Family Home for sale at $698,888 with 1,920 sqft and a lot size of 0.1378. 657 S Mathews is a studio with 1.0 baths and was built in 1924. The property's zip code is 90023 which is in Los Angeles, CA