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Listed by Rana Khanjani • Sync Brokerage
$ 2,300,000
Est. payment /mo
New
144 S Catalina ST Los Angeles, CA 90004
9,024 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25079690
Originating Board California Regional MLS
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
Tax ID 5518023004
Special Listing Condition Not Applicable
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