$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
Listing Status Sold
Purchase Type For Sale
Square Footage 14,514 sqft
Price per Sqft $167
MLS Listing ID 24468683
Sold Date 01/28/25
Bedrooms 15
HOA Y/N No
Year Built 1925
Lot Size 9,347 Sqft
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 C17 - Mid-Wilshire
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Gated
Total Parking Spaces 2
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5518022003
Special Listing Condition Standard
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Bought with Julio Ruiz • Global Platinum Properties, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States