426 S Catalina Street

Los Angeles, CA 90020

About this property

Exceptional investment, owner-user, and redevelopment opportunity in the heart of Koreatown. This well-maintained 4-unit multifamily property is situated on a large lot in one of Los Angeles' strongest rental submarkets, offering immediate income with significant long-term upside. Ideal for investors seeking value-add potential, developers exploring future redevelopment opportunities, or owner-users looking to occupy a unit while benefiting from rental income.The property is centrally located near Wilshire Boulevard, Downtown Los Angeles, Hollywood, major employment centers, shopping, dining, entertainment, and public transportation. Conceptual redevelopment renderings are included in the listing photos to illustrate potential future development possibilities. Buyers are advised to conduct their own investigations regarding zoning, density, redevelopment potential, and all future use options.A rare opportunity to acquire a versatile asset in a high-demand location with multiple paths to create value. Please do not disturb tenants.

About this property

Exceptional investment, owner-user, and redevelopment opportunity in the heart of Koreatown. This well-maintained 4-unit multifamily property is situated on a large lot in one of Los Angeles' strongest rental submarkets, offering immediate income with significant long-term upside. Ideal for investors seeking value-add potential, developers exploring future redevelopment opportunities, or owner-users looking to occupy a unit while benefiting from rental income.The property is centrally located near Wilshire Boulevard, Downtown Los Angeles, Hollywood, major employment centers, shopping, dining, entertainment, and public transportation. Conceptual redevelopment renderings are included in the listing photos to illustrate potential future development possibilities. Buyers are advised to conduct their own investigations regarding zoning, density, redevelopment potential, and all future use options.A rare opportunity to acquire a versatile asset in a high-demand location with multiple paths to create value. Please do not disturb tenants.

Features and Additional Information

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$1,899,000 Active
5,506 sqft

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Moradian Enterprises, Inc.
1-310-467-6320
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Area Information

C17 Mid Wilshire | Los Angeles County |

$ 1,899,000
This listing is play_arrow 10782.5% higher than the average in the area
$ 17,450 in the area
5,506 SqFt
This listing is play_arrow 14.4% larger than the average in the area
4,812 SqFt in the area
$ 345 $/SqFt
This listing is play_arrow 9410.8% more than the average in the area
$ 4 $/SqFt in the area
77 days on site
This listing is play_arrow 670.0% above the average in the area
10 days on site in the area

Schools in the Area

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    Elementary School
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Listed By Keyvan Moradian
Brokerage: Moradian Enterprises, Inc.

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