See all 7 photos
$2,300,000
Est. payment /mo
9,024 Sqft Lot
Active
144 S Catalina Street Los Angeles, CA 90004
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25079690
HOA Y/N No
Lot Size 9,024 Sqft
Acres 0.21
Property Sub-Type Unimproved 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
Zoning LAR3
Interior
Fireplace No
Exterior
View Y/N true
View Other
Building
New Construction No
Others
Tax ID 5518023004

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Listed by Rana Khanjani • Sync Brokerage