$2,425,000
$2,650,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
15 Beds
18 Baths
14,514 SqFt
SOLD DATE : 01/28/2025
Key Details
Sold Price $2,425,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 14,514 sqft
Price per Sqft $167
MLS Listing ID 24-468683
Sold Date 01/28/25
Bedrooms 15
Year Built 1925
Lot Size 9,348 Sqft
Acres 0.2146
Property 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
State CA
County Los Angeles
Area Mid-Wilshire
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment None
Exterior
Parking Features Gated
Garage Spaces 2.0
Building
Story 3
Level or Stories Three Or More
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Global Platinum Properties, Inc.
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1610 R Street, Sacramento, California, 95811, United States