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
Price:
$1,800,000
MLS #:
25513225
Status:
Active
Baths:
0
Address:
1330 S Catalina Street
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Mar 19, 2025
State:
CA
ZIP:
90006
Lot Size:
6,807 sqft / 0.16 acres (approx)
Year Built:
1901
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Schools
Interior
Appliances
Dishwasher, Refrigerator
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Heating
Wall Furnace
Exterior
Garage Spaces
0.00
Parking Features
Assigned
Parking Spots
9.00
Pool Features
None
Security Features
Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s), Gated Community
Sewer
Other
Spa Features
None
Stories Total
2
View
City Lights
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1330 S Catalina Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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1330 S Catalina Street
Los Angeles, CA
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