Address
1401 S Catalina Street Los Angeles, CA
Price
$ 3,000,000
Property Attributes
  • MLS#21761394
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90006
  • Style
  • Price$ 3,000,000
  • Bedrooms12
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage6592
  • Lot Size6,802 SqFt
Listing Provided Courtesy Of:
David Kaufman with David Ballin Kaufman - 310-877-8600
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

1401 South Catalina is a gated two-story walk-up apartment complex originally built in 1958 just south of Pico Blvd and west of Vermont in the Pico Union submarket. This property is very close to Loyola High School. The property features a pitched roof and gated parking. This property is part of a 10-property portfolio totaling 186 units. Most of the properties are in the 90029 & 90006 zip codes of Los Angeles, CA. These well-located properties offer convenient access to Downtown Los Angeles & Mid-Wilshire and can be managed efficiently due to their proximity to one another. The properties are well maintained and have had many exterior and interior improvements. There is still +28% upside to be realized as units turn and the opportunity to construct two additional units already permitted at 1006 Mariposa. This infill multifamily portfolio is in an improving submarket in LA and gives an investor diversification amongst 12 different APNs and proven upside through continued unit turns.

Price History
7/17/2021 Listed $3,000,000

General Features

Listing Agent David Kaufman - BRE#01217537
Listing Agent State License 01217537
Lot Size Square Feet 6802
MLS Area C16 - Mid Los Angeles
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Total Units 12
Zoning LAR3

Exterior Features

Lot Size Acres 0.15
Lot Size Area 6802
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Gated

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90006

Price
AVG $3.63M
$3M
Visits
AVG 48
13
Year Built
AVG 1935
1958
Walkscore
AVG 91
90
Data Provided by Walkscore ® not using MLS data