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Listed by: Rana Khanjani DRE #02021891 | Sync Brokerage (818) 770-3660
$1,990,000
1 Bed
- -- Bath
--sqft
144 S Catalina St, Los Angeles, CA 90004
$1,990,000
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Apartment
Built in 1921
$-- HOA
9,024 sqft lot
--/sqft
Description
Shovel-Ready 46-Unit RTI Development in Prime Koreatown: Incredible opportunity to develop a fully RTI-approved 46-unit 100% affordable housing project in the heart of Koreatown—one of the most dynamic and densely populated rental markets in Los Angeles. The 9,024 SF R3-zoned lot is approved for for 2 two-bedroom, 36 one-bedroom units and 8 studios,, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly rental income is approx. $109,072, based on current HACLA Section 8 rents—offering immediate and reliable long-term cash flow with significant upside. Located in the vibrant 90004 ZIP code, this transit-rich neighborhood is su...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1921
HOA Fees
-
Finished Area
- sqft
Lot Size
9,024 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR25093860
MLS Status
Active
Days on Market
233
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