237 Catalina Street # 2, Los Angeles
Los Angeles Home For Sale
237 North Catalina Street is a 10-unit apartment complex located in the Koreatown submarket of Los Angeles. More than 50% of the renovated units include condo-like finishes such as quartz countertop, recessed lighting, and in-unit washer and dryer. 6 of the 10 units are large two-bedroom units and the other 4 units are one-bedroom units. The potential exists to turn the unrenovated units and capture the 31% upside in rents. Lastly, the current ownership group has ready-to-issue permits for a one (1) bedroom accessory dwelling unit. A new owner has the ability to increase the unit count and still offer parking for the other units. The asset is an attractive choice for investors looking to capitalize on both immediate and long-term growth potential in the market.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90004
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- MLS® #:
- 24420757
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- Bedrooms:
- 3
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- Bathrooms:
- 2
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- Square Ft:
- 7,107
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- Lot Size:
- 0.17
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- Levels:
- Two
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of September 5th, 2024 at 2:10am PDT. 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.