229 South Catalina Street

Los Angeles, CA 90004

$1,600,000
Price
8
Beds
4
Baths
5,920 Sq. Ft.
$270 / Sq. Ft.
5,920
Sq. Ft.
$270
per Sq. Ft.

Description

Presenting an outstanding income-producing investment opportunity in Los Angeles, this multi-unit
apartment building captures the look and feel of early LA. Each residence is highlighted by two bedrooms
and one bath, with all four combining to offer a grand total of approximately 5,920 square feet. Built in 1923,
the property displays Spanish-inspired architecture characterized by barrel-tile roof detail and arched
windows. The lot spans nearly 7,904 square feet and includes a large, fenced front yard.
...Presenting an outstanding income-producing investment opportunity in Los Angeles, this multi-unit
apartment building captures the look and feel of early LA. Each residence is highlighted by two bedrooms
and one bath, with all four combining to offer a grand total of approximately 5,920 square feet. Built in 1923,
the property displays Spanish-inspired architecture characterized by barrel-tile roof detail and arched
windows. The lot spans nearly 7,904 square feet and includes a large, fenced front yard. From its location
on South Catalina Street, residents of the building can easily reach downtown LA, Koreatown’s shops and
restaurants, Wilshire Boulevard and the 101 Freeway. Vons and Ralphs supermarkets are just down the
street, and a community park features tennis courts.
  1. Listed by Keven Stirdivant • DRE #01434793 • Brokerage DRE #02096423 • KASE Real Estate, Inc. • 9493555947
  2. Listed by Alex Pirro • DRE #01773134 • Brokerage DRE #02096423 • KASE Real Estate, Inc.

Property Details for 229 South Catalina Street

Parking Spaces Total
10
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5920
Assessor Parcel Number
5518-021-006

Location

Listing Courtesy of KASE Real Estate, Inc., Keven Stirdivant, DRE #01434793; KASE Real Estate, Inc., Alex Pirro, DRE #01773134
Add your commute
LISTING UPDATED: 05/05/2024 02:28 PM

Property Details for 229 South Catalina Street

StatusActive
MLS #OC24089402
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1923
Lot Size0.18 AC / 7,904 SF
CountyLos Angeles County

Location

Listing Courtesy of KASE Real Estate, Inc., Keven Stirdivant, DRE #01434793; KASE Real Estate, Inc., Alex Pirro, DRE #01773134
Add your commute

Building Information for 229 South Catalina Street

Stories2Residences-Year Built1923Building Size-Lot Size0.18 AC / 7,904 SF

Payment Calculator

$9,129 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$397

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 229 South Catalina Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $80,316
  • Gross Scheduled Income: $80,316
  • Net Operating Income: $39,993
  • Number Of Rented Garages: 5
  • Garage Rental Rate: $50
Expense Details
  • Operating Expense: $40,323
  • Gardener Expense: $600
  • Pest Control Expense: $540
  • Insurance Expense: $2,880
  • Professional Management Expense: $3,996
  • Trash Expense: $2,400
  • Water Sewer Expense: $5,400
  • Total Expenses: $15,816
Tax / Assessment Info
  • Tax Tract Number: 4349
  • Tax Census Tract: 2113.20
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Natural Gas, Wall
  • Heating: Natural Gas, Wall Furnace
  • Flooring: Wood
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Foundation Details: Slab
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: Front Yard, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer, Sewer Paid
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
  • Electric: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 5
  • Parking Garage Spaces: 5
  • Carport Spaces: 5
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,016
  • Unit Type Total Rent: $2,019
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,499
  • Unit Type Total Rent: $1,503
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,570
  • Unit Type Total Rent: $1,574
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,594
  • Unit Type Total Rent: $1,597
  • Unit Type Pro Forma: 3300
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 4

Property History for 229 South Catalina Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 229 South Catalina Street

Taxable ValueLand$159,294Additions$169,253Total$328,547
Tax Record2023$4,762 ($397 / month)
Home Facts
Total Finished SqFt5,920 SqFtAbove Grade Finished SqFt5,920 SqFtLot Size7,904 SqFtStyleQuadraplexYear Built1923ZoningLAR3CountyLOS ANGELESAPN5518-021-006

Schools near 229 South Catalina Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frank Del Olmo Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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229 South Catalina Street is a mixed use property for sale in Los Angeles, CA 90004. This property was listed for sale on May 2, 2024 by KASE Real Estate, Inc., it's currently listed at $1,600,000. It has been on the market for a total of 29 days and was last sold on August 28, 2012. This listing's school district is Los Angeles Unified School District. Nearby schools include Frank Del Olmo Elementary School, Virgil Middle School and Academic Leadership Community School. 229 South Catalina Street is a 8-bed, 4-bath, 5,920 sqft mixed use property built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KASE Real Estate, Inc., Keven Stirdivant, DRE #01434793; KASE Real Estate, Inc., Alex Pirro, DRE #01773134

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.