549 S Mathews St offers investors a 100% occupied 6-unit multifamily asset in the established Boyle Heights submarket of East Los Angeles. The property provides immediate in-place income with meaningful long-term upside through projected market rents and continued operational management.
The asset has benefited from recent capital improvements, including remodeled interiors in 4 of 6 units with updated flooring, kitchen cabinets, countertops, and bathrooms, along with updated water heaters, permitted window upgrades, copper plumbing reportedly throughout, and a major capital improvement to the sewer line. Located near Downtown Los Angeles, the Arts District, Hollenbeck Park, USC/Keck medical employment centers, transit access, and neighborhood amenities, 549 S Mathews presents a well-positioned multifamily investment with reduced near-term capital exposure.