1330 S Catalina St Active

Los Angeles,CA 90006

$ 1750000

11 Beds

9 Baths

4608 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $379

MLS Listing ID 25513225

Style Craftsman

Bedrooms 11

Construction Status Updated/Remodeled

Year Built 1901

Lot Size 6,807 Sqft

Acres 0.1563

Property Sub-Type Multi-Family

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 Mid Los Angeles

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Fireplaces Type None

Equipment Dishwasher, Refrigerator, Range/Oven, Freezer

Laundry In Unit

Exterior

Parking Features Assigned

Garage Spaces 9.0

Pool None

Waterfront Description None

View Y/N Yes

View City

Building

Lot Description Single Lot

Story 2

Sewer In Street

Water Public

Architectural Style Craftsman

Level or Stories Multi/Split

Structure Type Wood Siding

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

View More
Favorite Go Tour