836 South Catalina Street

Los Angeles, CA 90005

$2,250,000
Price
8
Beds
8
Baths
5,322 Sq. Ft.
$423 / Sq. Ft.
5,322
Sq. Ft.
$423
per Sq. Ft.

Description

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.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.
  1. Listed by David Kaufman • DRE #01217537 • Brokerage DRE #01217537 • David Ballin Kaufman

Property Details for 836 South Catalina Street

Zoning
LAR4
Parcel Number
5094014016
Total Units
8.0
Living Area
5322
Source Living Area
Assessor
Area
Mid-Wilshire (C17)
Vacancy Rate
3%
Lot Size Area
7249

Location

Listing Courtesy of David Ballin Kaufman, David Kaufman, DRE #01217537
Add your commute
LISTING UPDATED: 03/01/2024 01:17 PM

Property Details for 836 South Catalina Street

StatusActive
MLS #23-245953
Days on Market400
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1922
Lot Size0.17 AC / 7,249 SF
CountyLos Angeles County

Location

Listing Courtesy of David Ballin Kaufman, David Kaufman, DRE #01217537
Add your commute

Building Information for 836 South Catalina Street

Stories1Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,249 SF

Payment Calculator

$14,310 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,279

Property Taxes

$2,031

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 836 South Catalina Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Apartment
  • Property Condition: Updated/Remodeled
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $146,478
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Size Square Feet: 7249
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Wall Unit(s)
  • Heating: Central
  • Heating Type: Central
  • Equipment: Washer
  • Laundry: Washer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-28-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,900.00
  • Unit Actual Rent: $4,806.00
  • Unit Projected Rent: $18,000.00
  • Like Units: 8
Unit Details
  • Unit Type Type: 2106
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $520,200.00
  • Assessed Land Value: $1,213,800.00

Property History for 836 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 836 South Catalina Street

Taxable ValueLand$1,354,014Additions$580,852Total$1,934,866
Tax Record2023$24,377 ($2,031 / month)
Home Facts
Total Finished SqFt5,322 SqFtAbove Grade Finished SqFt5,322 SqFtLot Size7,249 SqFtStyleMulti-Family Res (5+ Units)Year Built1922ZoningLAR4CountyLOS ANGELESAPN5094-014-016

Schools near 836 South Catalina Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - K to 12
Public - 6 to 8
Rating
School
Distance
UCLA Community School
PublicK to 12

Young Oak Kim Academy
Public6 to 8

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.

Similar Homes

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836 South Catalina Street is a multi-family home for sale in Los Angeles, CA 90005. This property was listed for sale on February 28, 2023 by David Ballin Kaufman, it's currently listed at $2,250,000. It has been on the market for a total of 400 days and was last sold on September 15, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Rfk Community Schools - Ambassador School - Global Education, UCLA Community School and Rfk Community Schools-New Open World Academy K-12. 836 South Catalina Street is a 8-bed, 8-bath, 5,322 sqft multi-family home built in 1922.

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 David Ballin Kaufman, David Kaufman, DRE #01217537

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.