144 S Catalina Street 5518023004
Los Angeles, CA, 90004
$2,200,000
Beds
0 Baths
SqFt
0.21 Acres
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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 2 two-bedroom, 36 one-bedroom units and 8 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

Property Details

Price:
$2,200,000
MLS #:
SR25079690
Status:
Active
Baths:
0
Address:
144 S Catalina Street 5518023004
Type:
Land
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Apr 10, 2025
State:
CA
ZIP:
90004
Lot Size:
9,024 sqft / 0.21 acres (approx)
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144 S Catalina Street 5518023004
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