144 S Catalina Street, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
144 S Catalina Street,Los Angeles, CA 90004
$1,990,000
- - Beds
- - Baths
- 20,510 sq. ft.
- Multi-family
- Active
Listed by: rana khanjani
Office: sync brokerage
MLS#:SR25093860
Source:CRMLS
Price summary
- Price:$1,990,000
- Price per sq. ft.:$97.03
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 Koreatown—one 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 rents—offering 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 LA’s hottest submarkets.
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Home facts
- Year built:1921
- Listing ID #:SR25093860
- Added:216 day(s) ago
- Updated:December 02, 2025 at 11:47 AM
Rooms and interior
- Living area:20,510 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Year built:1921
- Building area:20,510 sq. ft.
- Lot area:0.21 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,990,000
- Price per sq. ft.:$97.03
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