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836 S Catalina St

Los Angeles, CA 90005
  • $2,700,000
  • STATUS: Active
  • ON SITE: 726 days
  • MLS #: 19-472068
$2,700,000
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,322
    SQFT
  • $507
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1922
County:
Area:

School Ratings & Info

Description

We are proud to present this value add opportunity in Korea town. The 8 unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Six of the eight units will be delivered vacant. The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re position the asset and build up to 18 units by right, possibly more with a density bonus.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T23:42:38.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/96068102
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836 S Catalina St Los Angeles, CA 90005

  • Price: $2,700,000
  • Status: Active
  • MLS #: 19-472068
8
Beds
0
Baths
0
½ Baths
N/A
Acres
5,322
SQFT
$507
$/SQFT
1922
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
We are proud to present this value add opportunity in Korea town. The 8 unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Six of the eight units will be delivered vacant. The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re position the asset and build up to 18 units by right, possibly more with a density bonus.
Exterior Features

Lot Size Area 7249 Other Structures None Parking Garage Assigned Total Parking 0

Interior Features

Baths Total 8.00 Cooling Wall Unit(S) Equipment Washer Heating Central

Property Features

Gross Income 0 Gross Operating Income 146478 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Apartment Year Built Source Assessor Zoning Lar4

Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-14T23:42:38.517. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270