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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
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

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
  • Listing ID: 27851773

  • Date on Market: 2/28/2023

  • Last Updated:

  • Address: 836 S Catalina St, Los Angeles, CA 90005

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