$1,100,000 231 N Catalina Street Los Angeles, CA

MLS: PW20261070   Type: Income   County: Los Angeles   City: Los Angeles   Area: Mid-wilshire   Zip: 90004   Style: Triplex  

Mortgage $5,164 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

3

3

0

0

7,412

1951

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.

Elementary School

Middle School

High School

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Price History

12/24/2020 Listed $1,150,000
3/22/2021 5% - $1,100,000

Additional Parcels Y/N No
Association Y/N No
Co-Listing Agent State License # 00899718
Community Features Sidewalks
Garage Spaces 3
Garage Y/N Yes
HOA Fee 0
Land Lease Y/N No
Listing Agent Caroline Gim - BRE#01366389
Listing Agent State License 01366389
MLS Area C17 - Mid-Wilshire
Pool Features None
Private Pool No
Property Attached Y/N No
Property Sub Type Additional Triplex
Property SubType Triplex
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Trust
Status Active
Terms Cash, Cash to New Loan
Total Units 3
Water Sewer Expense 0
Zoning LAR3

Interior Features

Common Walls No Common Walls
Fireplace Features None
Fireplace Y/N No
Laundry Features See Remarks

Exterior Features

Lot Features 0-1 Unit/Acre, Near Public Transit, Value In Land
Lot Size Acres 0.17
Lot Size Area 7412
Lot Size Source Assessor
Lot Size Square Feet 7412
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
Water Source Public

Property Schools



Direct Link:

https://www.lahomesbyjackson.com/property/25-PW20261070-231-N-Catalina-Street-Los-Angeles-CA-90004

Gallery (5 photos)

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Property vs Zip Code Avg (90004)

Price 1.10M Avg 2.16M

Acres 0.170156 Avg 0.18

Visits 80 Avg 12

Days on Site 179 Avg 74

Walkscore® 89 Avg 89

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Caroline Gim with Expert Real Estate.




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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA
818-518-0740