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$ 2,195,000
Est. payment /mo
Price Dropped by $54K
351 S Catalina Los Angeles, CA 90020
10 Beds
7 Baths
5,488 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26012688
Bedrooms 10
Lot Size 5,488 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Fully Renovated, Turnkey 4-Unit in Prime Koreatown An exceptional, hassle-free multifamily investment in one of Los Angeles most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottomno deferred maintenance, no guesswork. Unit Mix (2) 3 Bed / 2 Bath (1) 2 Bed / 2 Bath (1) 2 Bed / 1 Bath One 3 Bed / 2 Bath can be delivered vacant at COE Upper units feature 10-foot ceilings Complete Renovation Highlights Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, CAT6 ethernet in every room Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping Property Highlights -2 driveways with 12 off-street parking spaces -Schlage keyless entry for building and units -Nest smart thermostats -Brand new stainless -$160,800 annual rental income -Nearly 6% cap rate | 14.2 GRM -Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters) -Walk Score: 92 Additional Notes Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Corner of S Catalina St and 4th St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5502005010
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listed by Ryan Smagacz Real Broker