144 S Catalina Street, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
144 S Catalina Street,Los Angeles, CA 90004
$2,200,000
- 1 Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:rana khanjani
Office:sync brokerage
MLS#:SR25093860
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,200,000
About this home
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 Koreatownone 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 rentsoffering immediate and reliable long-term cash flow with significant upside. Located in the vibrant 90004 ZIP code, this transit-rich neighborhood is surrounded by major employment hubs (Downtown LA, Hollywood, Wilshire Center), Metro stations, and an endless mix of restaurants, shopping, and services. High walkability, strong tenant demand, and limited affordable housing supply make this a premier opportunity for developers and investors looking to secure a strong return in one of LAs hottest submarkets.
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Home facts
- Listing ID #:SR25093860
- Added:160 day(s) ago
- Updated:October 07, 2025 at 12:30 AM
Rooms and interior
- Bedrooms:1
Heating and cooling
- Cooling:Central Forced Air
Finances and disclosures
- Price:$2,200,000
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