144 S Catalina Street, Los Angeles, CA 90004 - Berkshire Hathaway HomeServices California Properties

144 S Catalina Street, Los Angeles, CA 90004

$2,300,000 Approx. USD 0 beds, 0 baths

Listing Agent


Rana Khanjani | rana@syncbrokerage.com
Lic#: 02021891
Broker: Courtesy of Sync Brokerage

Agent Remarks

Shovel-Ready 46-Unit RTI Development in Prime Koreatown: Incredible opportunity to develop a fully RTI-approved 46-unit 100% affordable housing project in the heart of Koreatown—one of the most dynamic and densely populated rental markets in Los Angeles. The 9,024 SF R3-zoned lot is approved for for 2 two-bedroom, 36 one-bedroom units and 8 studios,, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly rental income is approx. $109,072, based on current HACLA Section 8 rents—offering immediate and reliable long-term cash flow with significant upside. Located in the vibrant 90004 ZIP code, this transit-rich neighborhood is surrounded by major employment hubs (Downtown LA, Hollywood, Wilshire Center), Metro stations, and an endless mix of restaurants, shopping, and services. High walkability, strong tenant demand, and limited affordable housing supply make this a premier opportunity for developers and investors looking to secure a strong return in one of LA’s hottest submarkets.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active
MLS# SR25093860
Price: $2,300,000
Beds: 0
Baths: 0
None fireplaces
Built in 1921
0.21 acres
Lot size: 0.2072
County: Los Angeles
Zoning: LAR3
Lot description: Value In Land
Heating/cooling: Central Air
MLS area: KREA - Koreatown

Last Updated: 5/13/2025

 Days On Market (DOM): 75

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This listing belongs to the KREA - Koreatown MLS area

Lat/Long: 34.071410, -118.295050.
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Source: CRM. Also Available in SR25079690,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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