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Additional details
$ 1,995,000
Est. payment /mo
Active
351 S Catalina Street Los Angeles, CA 90020
10 Beds
7 Baths
5,488 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26117499
Bedrooms 10
Lot Size 5,488 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
AS CLOSE TO A NEW CONSTRUCTION YOU WILL GET! Fully Renovated, Turnkey 4-Unit in Prime Koreatown An exceptional, hassle-free multifamily investment in one of Los Angeles most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottomno deferred maintenance, no guesswork. Unit Mix (2) 3 Bed / 2 Bath (1) 2 Bed / 2 Bath (1) 2 Bed / 1 Bath Upper units feature 10-foot ceilings Complete Renovation Highlights Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, every wall has new insulation, CAT6 ethernet in every room Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping Property Highlights -2 driveways with 12 off-street parking spaces -Schlage keyless entry for building and units -Nest smart thermostats -Brand new stainless appliances in every unit -$160,800 annual rental income -6.26% cap rate | 14.2 GRM -Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters) -Walk Score: 92 Additional Notes Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Corner of S Catalina St and 4th St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5502005010
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listed by Ryan Smagacz, DRE#02126879 Real Broker
NEARBY SCHOOL & BUSINESS
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