836 S Catalina St | Los Angeles, CA 90005
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836 S Catalina St
Los Angeles, CA 90005
Multifamily Property For Sale · 8 Units
Investment Highlights
- Fully Rehabbed Units in 2023
- Great Koreatown Location
- Value Add Opportunity
- LAR4 Zoning
Executive Summary
We are proud to present this value-add opportunity in Koreatown. The 8-unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting. The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re-position the asset and build up to 18 units by right, and up to 34 units using TOC incentives.
PROPERTY FACTS
Price Per Unit | $281,250 | Building Class | C |
Sale Type | Investment | Lot Size | 0.17 AC |
Sale Conditions | Redevelopment Project | Building Size | 5,322 SF |
No. Units | 8 | Average Occupancy | 25% |
Property Type | Multifamily | No. Stories | 2 |
Property Subtype | Apartment | Year Built/Renovated | 1922/2023 |
Apartment Style | Garden |
Price Per Unit | $281,250 |
Sale Type | Investment |
Sale Conditions | Redevelopment Project |
No. Units | 8 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 5,322 SF |
Average Occupancy | 25% |
No. Stories | 2 |
Year Built/Renovated | 1922/2023 |
Unit Amenities
- Hardwood Floors
- Tub/Shower
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
1+1 | 8 | $1,900 | 665 |
PROPERTY TAXES
Parcel Number | 5094-014-016 | Improvements Assessment | $591,897 |
Land Assessment | $1,381,094 | Total Assessment | $1,972,991 |
PROPERTY TAXES
Parcel Number
5094-014-016
Land Assessment
$1,381,094
Improvements Assessment
$591,897
Total Assessment
$1,972,991
zoning
Zoning Code | LAR4 |
LAR4 |
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