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Image 1 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 2 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 3 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 4 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 5 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 6 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 7 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 8 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
Image 9 - 237 N Catalina St Apt 2, Los Angeles, California, 90004 - House for sale
N Catalina St Apt,los Angeles, Home For Sale
237 N Catalina St Apt 2, Los Angeles, California, 90004

N Catalina St Apt,los Angeles, Home For Sale

house for sale
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Listed: 08/01/24

237 N Catalina St Apt 2, Los Angeles, California, 90004

16 Bed:
10 Bath:
7,107 Sq Ft Living Area:
Save
Price
$ 2,79M

About This House

237 North Catalina Street is a 10-unit apartment complex located in the Koreatown submarket of Los Angeles. More than 50% of the renovated units include condo-like finishes such as quartz countertop, recessed lighting, and in-unit washer and dryer. 6 of the 10 units are large two-bedroom units and the other 4 units are one-bedroom units. The potential exists to turn the unrenovated units and capture the 31% upside in rents. Lastly, the current ownership group has ready-to-issue permits for a one (1) bedroom accessory dwelling unit. A new owner has the ability to increase the unit count and still offer parking for the other units. The asset is an attractive choice for investors looking to capitalize on both immediate and long-term growth potential in the market.

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Koreatown Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.