Listing provided courtesy of Rana Khanjani of Sync Brokerage. Last updated 2025-04-26 09:19:19.000000. Listing information © 2024 SANDICOR.
Asking Price: $2,300,000
144 Catalina, Los Angeles CA 90004
Community:
This Lots/Land property was built in and is priced at $2,300,000. Please see the additional details below.
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