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1035 S Catalina Street

Los Angeles (City), CA 90006
  • $2,900,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: 23302217
$2,900,000
  • 17
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,448
    SQFT
  • $652
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Gabriela Pineda of West Shores Realty, Inc. (310-541-8000)


Description

Calling all investors looking to add an incredible income-producing property to their portfolio. This beautifully renovated multi-unit building is comprised of 4 units and an ADU measuring appx ~4448 sqft. Located in the heart of Koreatown, this gem has an exceptional walking score of 95, good nearby transit, and is steps away from the best restaurants, retail and nightlife K-Town has to offer. The property features ONE- (1) bedroom, (1) bathroom unit, TWO- (3) bedroom, (3) bathroom units, ONE- (8) bedroom, (8) bathroom unit, and ONE ADU with (2) bedrooms and (2) bathrooms for a total of 17 bedrooms and 17 bathrooms. All units have been extensively remodeled with new plumbing and electrical upgrades, modern vinyl flooring, fresh paint, quartz kitchen countertops, and beyond! It's no wonder it is 100% occupied with top-tier rents, providing a generous ROI. Please do not disturb tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/142604170
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1035 S Catalina Street Los Angeles (City), CA 90006

  • Price: $2,900,000
  • Status: Active
  • On Site: 36 Days
  • ID#: 23302217
17
Beds
0
Baths
0
½ Baths
0.14
Acres
4,448
SQFT
$652
$/SQFT
1923
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
Calling all investors looking to add an incredible income-producing property to their portfolio. This beautifully renovated multi-unit building is comprised of 4 units and an ADU measuring appx ~4448 sqft. Located in the heart of Koreatown, this gem has an exceptional walking score of 95, good nearby transit, and is steps away from the best restaurants, retail and nightlife K-Town has to offer. The property features ONE- (1) bedroom, (1) bathroom unit, TWO- (3) bedroom, (3) bathroom units, ONE- (8) bedroom, (8) bathroom unit, and ONE ADU with (2) bedrooms and (2) bathrooms for a total of 17 bedrooms and 17 bathrooms. All units have been extensively remodeled with new plumbing and electrical upgrades, modern vinyl flooring, fresh paint, quartz kitchen countertops, and beyond! It's no wonder it is 100% occupied with top-tier rents, providing a generous ROI. Please do not disturb tenants.
Exterior Features

Lot Features Front Yard Number Of Separate Electric Meters 5 Parking Features Driveway Parking Total 0 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances MicrowaveRefrigerator Fireplace Features None Fireplace YN No

Property Features

Association YN No Cap Rate 7.9 Community Features Gated Gross Income 264696 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 243496 New Construction YN No Number Of Separate Water Meters 1 Property Condition Updated/Remodeled Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Gabriela Pineda of West Shores Realty, Inc. (310-541-8000)