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Buy a propertyat 836 S CATALINA Street, Los Angeles, CA 90005

$2,250,000

$2,400,000 (-6.25%)

$0/mo

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Multifamily

5,322 Sq. Ft.

7,249 Sq. Ft. lot

8 Bedrooms

0 Bathrooms

439 Days on market

23245953 MLS ID

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About 836 S CATALINA Street property

We are proud to present this value-add opportunity in Koreatown. 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. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting, and will be delivered vacant in rent-ready condition. 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, and up to 34 units using TOC incentives.
We are proud to present this value-add opportunity in Koreatown. 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. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting, and will be delivered vacant in rent-ready condition. 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, and up to 34 units using TOC incentives.

Property details

Appliances and Equipment

Washer

Bathrooms

8 total bathrooms

Bedrooms

8 total bedrooms

House

1 total stories

Built in 1922

5,322 sqft living area

5322 total building sqft

Heating

Central

Income

Gross Income: 0

Net Operating Income: 0

Listing

Listing ID: 23245953

147 days on market

Listed on 2023-02-28

Location

County: Los Angeles

Lot

7249 sqft

0.1664 acres

Area: 7249

Parking

Assigned

Property

2 buildings

8 units

Updated/Remodeled

Monthly cost

Estimated monthly cost

$14,338/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$2,115,000

+$67,500

$2,182,500

Seller agent commission$67,500 (3%)*

$0 (0%)

Buyer agent commission$67,500 (3%)*

$67,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $67,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 13, 2024 at 3:08 p.m.

Data updated: Jul 25, 2023 at 6:05 p.m.

Property listed by David Ballin Kaufman, David Kaufman
Based on information from California Regional Multiple Listing Service, Inc. as of 07/25/2023 and/or other sources. 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.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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