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836 S Catalina St
Los Angeles, CA 90005
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Fully Rehabbed Units in 2023
- Great Koreatown Location
- Value Add Opportunity
- LAR4 Zoning
EXECUTIVE SUMMARY
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. 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 FACTS
| Price Per Unit | $392,603 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Sale Condition | Redevelopment Project | Building Size | 5,322 SF |
| No. Units | 8 | Average Occupancy | 25% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1922/2023 |
| Apartment Style | Garden | ||
| Zoning | R4 - Multiple Dwelling | ||
| Price Per Unit | $392,603 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,322 SF |
| Average Occupancy | 25% |
| No. Stories | 2 |
| Year Built/Renovated | 1922/2023 |
| Zoning | R4 - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Hardwood Floors
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $2,652 CAD | 665 |
PROPERTY TAXES
| Parcel Number | 5094-014-016 | Improvements Assessment | $851,331 CAD |
| Land Assessment | $1,986,443 CAD | Total Assessment | $2,837,774 CAD |
PROPERTY TAXES
Parcel Number
5094-014-016
Land Assessment
$1,986,443 CAD
Improvements Assessment
$851,331 CAD
Total Assessment
$2,837,774 CAD
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