212 S Catalina St, Los Angeles, CA 90004 – 24-468683

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$2,650,000

Est. payment - /mo

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15 BD

18 BA

14,514 SqFt

Active

212 S Catalina St Los Angeles, CA 90004

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/11/2024 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,514 sqft

Price per Sqft $182

MLS Listing ID 24-468683

Bedrooms 15

Year Built 1925

Lot Size 9,348 Sqft

Acres 0.2146

Property Description

212 South Catalina Street is an 18-unit apartment building located in the highly desirable neighborhood of Koreatown. The property is a 3-storied apartment complex built in 1925 with a two-tone colored facade and boasts three (3) studio units and fifteen (15) one bedroom units. The units are separately metered for electric and the landlord pays for the water and the gas. The units are spread across 14,514 rentable square feet which means each unit measures approximately over 700 square feet. The property is being offered for sale for the first time in close to 50 years and there is approximately 43% rental upside that can be achieved as units turnover.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Exterior

Parking Features Gated

Garage Spaces 2.0

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Downtown LA