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674 S Catalina St 11 Unit Apartment Building $4,805,430 CAD ($436,857 CAD/Unit) 3.02% Cap Rate Los Angeles, CA 90005



Executive Summary
REDEVELOPMENT SITE Prime Koreatown location half a block south of Wilshire - Prime and Ultra Rare R5 Zoning which allows for the highest density in Los Angeles.
Property Facts
| Price | $4,805,430 CAD | Building Class | C |
| Price Per Unit | $436,857 CAD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 8,626 SF |
| Cap Rate | 3.02% | Average Occupancy | 100% |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| No. Units | 11 | Year Built | 1950 |
| Property Type | Multifamily | Parking Ratio | 1.04/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R5-2, Los Angeles - City of Los Angeles LAR5 represents the highest density zoning allowable in Los Angeles. | ||
| Price | $4,805,430 CAD |
| Price Per Unit | $436,857 CAD |
| Sale Type | Investment |
| Cap Rate | 3.02% |
| Sale Condition | Redevelopment Project |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,626 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.04/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R5-2, Los Angeles - City of Los Angeles LAR5 represents the highest density zoning allowable in Los Angeles. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 9 | - | - |
| 2+2 | 1 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5094-007-015 | Improvements Assessment | $1,568,787 CAD |
| Land Assessment | $3,066,265 CAD | Total Assessment | $4,635,052 CAD |
Property Taxes
Parcel Number
5094-007-015
Land Assessment
$3,066,265 CAD
Improvements Assessment
$1,568,787 CAD
Total Assessment
$4,635,052 CAD
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674 S Catalina St
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