Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Building size

3,937 sqft

Lot size

5,925 sqft

Year built

1921

Stories

0

Status

Active

Days on market

134

MLS #

241230106

About this property

Welcome to an exceptional investment opportunity in the heart of Koreatown, one of Los Angeles' most vibrant and high-demand rental markets. This well-maintained 4-unit property offers strong income potential and is ideal for both investors and owner-occupants. Each unit features in-unit laundry hook up, two tandem parking spaces, and separate water heaters for added convenience. Three units offer spacious 2-bedroom, 2-bathroom layouts, while the fourth unit includes 2 bedrooms, 2 bathrooms, plus a versatile bonus den perfect for a home office or additional living space. The property was thoughtfully upgraded in 2017, including improvements to plumbing, electrical systems, and exterior paint, enhancing both functionality and curb appeal. All units are currently tenant-occupied, providing immediate rental income. Located in the highly desirable Koreatown/Mid-Wilshire area, residents enjoy easy access to premier dining, shopping, entertainment, and major public transportation hubs. This is a rare opportunity to own a turnkey income property in a prime location with long-term growth potential. Please do not disturb tenants.

Location

905 S Catalina Street

Los Angeles, Los Angeles, CA, 90006