209 N Mathews, Los Angeles, CA 90033

Property 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 sites walkability, a major grocery store is just two blocks away.

Listing Status:

Active

Date Added:

June 17, 2026

Data Last Updated:

August 12, 2026 at 1:12AM

Listing Office:

Steven M. Bogoyevac, Broker : 562-436-5800

Listing Agent:

Steven Bogoyevac : 310-872-6664

MLS ID:

PW26132458

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 5180002005

Financial

• Source: California Regional MLS