Los Angeles, Residential Income – 324 S Catalina St, Los Angeles, CA 90020, USA -001-11-30T00:00:00-08:00
This is a rare NON-RENT CONTROLLED asset in an excellent location. The building is in great condition with almost every unit recently renovated. The building features Art Deco style and modern upgrades. The striking 4-story structure has a diverse unit mix a
324 S Catalina St, Los Angeles, CA 90020, USA
$9,700,000 USD
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Address324 South Catalina Street, Los Angeles
Price$9,700,000
Year Built1926
Bedrooms Total0
Living Area22,904
Lot Size (Sq.Ft.)7,792
Listing ID16167540
StatusActive
Parcel Number5502006005
ZoningLAR4
Special ConditionsStandard
Days on Market206

Detailed Description: This is a rare NON-RENT CONTROLLED asset in an excellent location. The building is in great condition with almost every unit recently renovated. The building features Art Deco style and modern upgrades. The striking 4-story structure has a diverse unit mix and is ideally positioned to take advantage of this strong rental market. It is offered at an attractive cap rate with additional potential to increase the income.

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Address Information
Address324 South Catalina Street, Los Angeles
Street PrefixSouth
Street SuffixStreet
CityLos Angeles
Location (MLS Area)C17 – Mid-Wilshire
County Or ParishLos Angeles
State or ProvinceCalifornia
Postal Code90020
Financial Information
Price per Square Foot$423.51
Price per Lot Square Foot$1,244.87
Special ConditionsStandard
Total Expenses$276,311
Gross Operating Income$757,648
Net Operating Income$481,337
Gross Multiplier11.88%
Tax Year2017
Full Descriptions
Parcel Number5502006005
Detailed DescriptionThis is a rare NON-RENT CONTROLLED asset in an excellent location. The building is in great condition with almost every unit recently renovated. The building features Art Deco style and modern upgrades. The striking 4-story structure has a diverse unit mix and is ideally positioned to take advantage of this strong rental market. It is offered at an attractive cap rate with additional potential to increase the income.
Interior FeaturesElevator
Appliances DescriptionRefrigerator
Parking FeaturesStreet
Property parameters
Year Built1926
Living Area (Sq.Ft.)22,904
Lot Size (Sq.Ft.)7,792
Lot Size (Acres)0.17
Number of Buildings1
Number of Units Total47
ZoningLAR4
Stories Total4
Units Total47
Cap Rate (For Cash Payment Only)4.96
Listed withBryan Glenn (Charles Dunn Company Inc)