115 N Catalina Street

    Los Angeles (City), CA 90004
    • $1,650,000
    • STATUS: Active Under Contract
    • ON SITE: 61 days
    • ID#: 20546150
    Under Contract
    UPDATED: 15 min ago
    $1,650,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1939
    County:

    School Ratings & Info

    Description

    115 N. Catalina Street is a recently renovated five-unit apartment building located on a tree-lined street in highly desirable Koreatown. The 4,119 SF building is situated on a 7,369 SF lot zoned LAR3. It is composed of five spacious one bedroom-one bath units with formal dining rooms with four currently functioning as two-bedrooms. The property was renovated with a newer roof, approximately half copper plumbing, some newer windows, paint and landscaping. Four of the five units were recently renovated with new flooring, tile, paint, new modern appliances, newer hot water heaters and heaters. Some of the renovated units also have their own washer and dryers for tenant's convenience. Each unit is separately metered for gas and electricity and has its own separate hot water heater. There is garage parking in the rear of the property for each unit. 115 N. Catalina Street is a unique investment opportunity as the income of the property is very high creating excellent CASHFLOW DAY 1!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T07:28:48.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/102633144

    115 N Catalina Street Los Angeles (City), CA 90004

    • Price: $1,650,000
    • Status: Active Under Contract
    • Updated: 15 min ago
    • ID#: 20546150
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1939
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    115 N. Catalina Street is a recently renovated five-unit apartment building located on a tree-lined street in highly desirable Koreatown. The 4,119 SF building is situated on a 7,369 SF lot zoned LAR3. It is composed of five spacious one bedroom-one bath units with formal dining rooms with four currently functioning as two-bedrooms. The property was renovated with a newer roof, approximately half copper plumbing, some newer windows, paint and landscaping. Four of the five units were recently renovated with new flooring, tile, paint, new modern appliances, newer hot water heaters and heaters. Some of the renovated units also have their own washer and dryers for tenant's convenience. Each unit is separately metered for gas and electricity and has its own separate hot water heater. There is garage parking in the rear of the property for each unit. 115 N. Catalina Street is a unique investment opportunity as the income of the property is very high creating excellent CASHFLOW DAY 1!
    Exterior Features

    Parking Features Garage Parking YN Yes

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Gross Income 123982.00 Gross Multiplier 13.31 Gross Operating Income 120262.00 Net Operating Income 84666.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Nicole Apostolos of Keller Williams Realty Encino-Sherman Oa


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T07:28:48.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
    Crudo & Associates | Willis Allen Real EstateLa Jolla
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    La Jolla CA, 92037