$2,425,000
Sold

212 S Catalina Street

Los Angeles, CA 90004
14514 sqft | 15 beds | 0.21 acres | #24468683
Listing OfficeKeller Williams Downtown LA
Browse 2 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

212 South Catalina Street is an 18-unit apartment building located in the highly desirable neighborhood of Koreatown. The property is a 3-storied apartment complex built in 1925 with a two-tone colored facade and boasts three (3) studio units and fifteen (15) one bedroom units. The units are separately metered for electric and the landlord pays for the water and the gas. The units are spread across 14,514 rentable square feet which means each unit measures approximately over 700 square feet. The property is being offered for sale for the first time in close to 50 years and there is approximately 43% rental upside that can be achieved as units turnover.

Location

SparrowLily Realty, Inc.Real Estate Group