144 S Catalina ST new

Los Angeles,CA 90004

$ 2300000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR25079690

Lot Size 9,024 Sqft

Property Sub-Type Other Residential Land

Property Description

Prime Koreatown development opportunity with RTI permits fully delivered for a 46-unit affordable housing developement. The 9,024 SF R3-zoned lot is approved for 40 one-bedroom units and 6 studios, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly income is approx. $109,072 based on HACLA Section 8 rents. Located in a high-demand, transit-accessible area near Metro lines, major employers, and endless dining and retail. Strong potential for long-term cash flow and value appreciation

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning BY

Exterior

View Local/Neighborhood

Building

Water District - Public

Others

Special Listing Condition Not Applicable

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