1330 S Catalina ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,608 sqft
Price per Sqft $390
MLS Listing ID 25513225
Bedrooms 11
Year Built 1901
Lot Size 6,808 Sqft
Property Description
1330 S. Catalina St. is a renovated apartment building consisting of two structures on a single lot. The front building features four two-bedroom, two bathroom units, with units 1330, 1332, and 1336 operating as individual bedroom rentals, while unit 1332 is leased to a single tenant. At the rear of the property, a three-bedroom, one-bathroom home offers individually rented bedrooms, maximizing rental income potential. The property presents a compelling investment opportunity, particularly in light of impending stricter rent control regulations. With strong rental income ($152,383/year) in place, a new investor can avoid legacy tenants and below market rent. The property has undergone extensive interior and exterior renovations, ensuring modernizing living spaces and long-term value. Additionally, the electrical system has been upgraded, improving safety and facilitating insurance coverage. The property is fully secured, offering controlled ingress and egress at both the front and rear, enhancing privacy and convenience for tenants.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Exterior
Parking Features Assigned
Pool None
Community Features Gated
View Y/N Yes
View City Lights
Building
Story 2
Sewer Other
New Construction No
Others
Special Listing Condition Standard