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

8

Building size

5,322 sqft

Lot size

7,249 sqft

Year built

1922

Stories

1

Heating

Central

Status

Active

Days on market

1174

MLS #

247386620

About this property

We are proud to present this value-add opportunity in Koreatown. The 8-unit building which sits on a 7,249 square foot LAR4 zoned lot is located just west of Vermont Avenue and south of 8th Street. Seven of the eight units have been extensively rehabbed, featuring new flooring, bathroom fixtures, and interior lighting. The unit mix consists of all one bedroom/one bathrooms. A new buyer has the ability re-position the asset and build up to 18 units by right, and up to 34 units using TOC incentives.

Location

836 S CATALINA Street

Los Angeles, Los Angeles, CA, 90005