1330 S Catalina Street
Los Angeles, CA 90006
4608 sqft | 11 beds | 0.16 acres | #25513225
Description
1330 S. Catalina St. is a renovated apartment building consisting of two structures on a single lot. The front building features four two-bedroom, two bathroom units, with units 1330, 1332, and 1336 operating as individual bedroom rentals, while unit 1332 is leased to a single tenant. At the rear of the property, a three-bedroom, one-bathroom home offers individually rented bedrooms, maximizing rental income potential. The property presents a compelling investment opportunity, particularly in light of impending stricter rent control regulations. With strong rental income ($152,383/year) in place, a new investor can avoid legacy tenants and below market rent. The property has undergone extensive interior and exterior renovations, ensuring modernizing living spaces and long-term value. Additionally, the electrical system has been upgraded, improving safety and facilitating insurance coverage. The property is fully secured, offering controlled ingress and egress at both the front and rear, enhancing privacy and convenience for tenants.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- ViewCityLights
- Original List Price$1,800,000
- MLS #25513225
- MLS #25513225
- Cost1800000
- Acres0.1563
- Sewer InformationOther
- Square Feet4608
- Year Built1901
- Bedrooms11
- Stories2
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: William James (#CLW-X93306)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#CLW-X82195)
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