165 S Catalina Street, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
165 S Catalina Street,Los Angeles, CA 90004
$1,150,000
- 1 Beds
- - Baths
- 3,608 sq. ft.
- Multi-family
- Active
Listed by: daniel withers
Office: matthews real estate investment services
MLS#:CL26659743
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$318.74
About this home
165 S Catalina Street presents a Koreatown multifamily investment and development opportunity delivered with RTI-approved plans to construct four additional units, allowing investors to immediately expand the property with minimal entitlement risk.The property sits on an 8,309-square-foot R3-zoned lot within a Transit-Oriented Communities (TOC) Tier 3 incentive area, creating a clear path for increased residential density near major transit. In addition to the approved expansion, the site is in close proximity to the Vermont/Wilshire Metro Station, positioning the property for potential future density increases under SB 79 Tier 1 transit proximity incentives once implemented.The existing improvements consist of a four-unit Tudor-style multifamily building totaling approximately 3,600 square feet, with average unit sizes around 900 square feet, providing flexibility for investors to reposition the existing units while planning for long-term development potential.Located within a designated Opportunity Zone, the property benefits from strong rental demand and proximity to neighborhood amenities including Wilshire Boulevard, Larchmont Village, Hancock Park, and Silver Lake, along with convenient access to the 101 and 10 Freeways.The property is being offered AS-IS with tenants in place, providing investors with current income while evaluating expansion or redevelopment strategies....
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Home facts
- Year built:1922
- Listing ID #:CL26659743
- Added:211 day(s) ago
- Updated:October 01, 2026 at 03:01 PM
Rooms and interior
- Bedrooms:1
- Living area:3,608 sq. ft.
Structure and exterior
- Year built:1922
- Building area:3,608 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$318.74
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