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$1,690,000
9 Beds ⋅ 9 Baths ⋅ 26701887 MLS ⋅ Active Status
Welcome to an exceptional investment opportunity in the heart of Koreatown, one of Los Angeles' most vibrant and high-demand rental markets. This well-maintained 4-unit property offers strong income potential and is ideal for both investors and owner-occupants. Each unit features in-unit laundry hook up, two tandem parking spaces, and separate water heaters for added convenience. Three units offer spacious 2-bedroom, 2-bathroom layouts, while the fourth unit includes 2 bedrooms, 2 bathrooms, plus a versatile bonus den perfect for a home office or additional living space. The property was thoughtfully upgraded in 2017, including improvements to plumbing, electrical systems, and exterior paint, enhancing both functionality and curb appeal. All units are currently tenant-occupied, providing immediate rental income. Located in the highly desirable Koreatown/Mid-Wilshire area, residents enjoy easy access to premier dining, shopping, entertainment, and major public transportation hubs. This is a rare opportunity to own a turnkey income property in a prime location with long-term growth potential. Please do not disturb tenants.

905 S Catalina Street, Los Angeles
$1,150,000
4 Beds ⋅ 4 Baths ⋅ 26659743 MLS ⋅ Active Status
165 S Catalina Street presents a Koreatown multifamily investment and development opportunity delivered with RTI-approved plans to construct four additional units, allowing investors to immediately expand the property with minimal entitlement risk.The property sits on an 8,309-square-foot R3-zoned lot within a Transit-Oriented Communities (TOC) Tier 3 incentive area, creating a clear path for increased residential density near major transit. In addition to the approved expansion, the site is in close proximity to the Vermont/Wilshire Metro Station, positioning the property for potential future density increases under SB 79 Tier 1 transit proximity incentives once implemented.The existing improvements consist of a four-unit Tudor-style multifamily building totaling approximately 3,600 square feet, with average unit sizes around 900 square feet, providing flexibility for investors to reposition the existing units while planning for long-term development potential.Located within a designated Opportunity Zone, the property benefits from strong rental demand and proximity to neighborhood amenities including Wilshire Boulevard, Larchmont Village, Hancock Park, and Silver Lake, along with convenient access to the 101 and 10 Freeways.The property is being offered AS-IS with tenants in place, providing investors with current income while evaluating expansion or redevelopment strategies.

165 S Catalina Street, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.