Properties

Los Angeles, CA 90023 657 S Mathews

Pending
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Presented By: Shridevi Vanaki with Haas Realty & Prop. Management; 626-766-4736
  • MLS# AR26035759
  • 02/13/2026
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  • Baths • 1
  • SQFT • 1,920
  • Garage • 4

Home Details

Excellent Investment Opportunity in the Heart of Los Angeles! Donโ€™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: โ€ข Income-producing units โ€ข Each unit separately metered for gas and electricity โ€ข One shared water meter โ€ข Detached 1-car garage for each unit โ€ข New roof installed in 2023 โ€ข One unit recently updated with new carpet, fresh paint, and new kitchen flooring โ€ข 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 Californiaโ€™s most desirable market. Whether youโ€™re expanding your portfolio or entering the real estate market for the first time, this is an opportunity you donโ€™t want to miss. ________________________________________ Showing & Offer Instructions: โ€ข No sign on property โ€ข Please do not disturb occupants โ€ข Drive-by only โ€” do not walk on property โ€ข 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.
Presented By: Shridevi Vanaki with Haas Realty & Prop. Management; 626-766-4736

Interior Features for 657 S Mathews

Other Interior Features

Common Walls2+ Common Walls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAll Bedrooms Down
Laundry FeaturesWasher Hookup
Total Stories

Other Rooms

Entry Level2

General for 657 S Mathews

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesSidewalks
CountyLos Angeles
DirectionsExit Soto St, turn on Inez and then on mathews St
Entry LocationFront/back
Fuel Expense
Garage Spaces4
Garage Y/NYes
Gross Income39720
HeatingWall Furnace
Insurance Expense1800
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet6003
Lot Size UnitsSquare Feet
MLS Area699 - Not Defined
Net Operating Income34920
New ConstructionNo
Number Of Units Total4
Number of Units Leased3
Operating Expense4800
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot9
Tenant PaysCable TV, Electricity, Gas, Telephone
Total Actual Rent1900
Trash Expense1200
UtilitiesElectricity Connected, Sewer Connected, Water Connected
ViewNeighborhood
Water Sewer Expense1200
Year Built1924
Year Built SourceAssessor

Exterior for 657 S Mathews

Building Area Total1920
FencingNone
Lot Features2-5 Units/Acre
Lot Size Acres0.1378
Lot Size Area6003
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Parking FeaturesOn Street
Private PoolNo
SpaNo
Total Parking4
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $698,888
MLS#AR26035759
List Date 02/13/2026
Property Type Multi-Family
Phone 888.795.6274
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Request Info
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