Address
231 N Catalina Street Los Angeles, CA
Price
$ 1,150,000
Property Attributes
  • MLS#PW20261070
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90004
  • Style
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2645
  • Lot Size7,414 SqFt
Listing Provided Courtesy Of:
Caroline Gim with Expert Real Estate.
Property Description

Koreatown triplex, perfect for owner occupants, investors, AND developers! Below market rents with one unit delivered vacant at closing. OWNER OCCUPANTS: Live in one unit and rent the other units to pay some (or all) of your mortgage! You have 3 options: live in a studio apartment with private patio, 1-bedroom apartment above the garage, or 2-bedroom house in front with enclosed front porch, dining room, and bonus room. INVESTORS: Diverse and attractive unit mix, with huge rent upside potential in a prime location. Plus, 3 single car garages and additional covered parking in the rear, a rarity for this area. Rehab units to instantly add value. DEVELOPERS: R3-1 zoning in a Tier 3 TOC and QUALIFIED OPPORTUNITY ZONE. Sandwiched between an 8-Unit apartment and 10-Unit apartment, this lot is underutilized. See new construction across the street at 240 and 246 N. Catalina St. 6 units being built on similar lots with the same zoning. GREAT LOCATION! Walkscore of 89, with plenty of restaurants, stores, and public transportation within walking distance (Metro Red Line is 3 short blocks away and bus lines are all around). Minutes from Downtown and 101/110/10 freeways, perfect for commuters.

Price History
12/24/2020 Listed $1,150,000

General Features

Assessments Buyer to Verify, Unknown
Attached Structure Detached
Co-Listing Agent Last Name Gim
Co-Listing Agent Last Name Aurora
Co-Listing Agent State License # 00899718
Co-listing Agent Aurora Gim - BRE#00899718
Community Features Sidewalks
Directions South of Beverly Blvd, between Normandie Ave and Vermont Ave
Garage Spaces 3.00
HOA Fee 0.00
Listagentaor Pacific West
Listing Agent Caroline Gim - BRE#01366389
Listing Agent State License 01366389
MLS Area C17 - Mid-Wilshire
Pool Features None
Price Per Square Foot 434.78
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Trust
Total Units 3
Zoning LAR3

Interior Features

1st Bedroom Area 624
1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area 1591
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Fireplace Features None
Laundry Features See Remarks
Laundry Y/N Yes
Studio Area 364
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 2645.00
Lot Features 0-1 Unit/Acre, Near Public Transit, Value In Land
Lot Size Acres 0.1702
Lot Size Area 7412.0000
Lot Size Source Assessor
Lot Size Square Feet 7412.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 1
Total Parking 3.00
Water Source Public

Amenities

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

Property vs Zip Code Average in 90004

Price
AVG $2M
$1.15M
Visits
AVG 30
13
Year Built
AVG 1944
1951

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