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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- Address144 S Catalina Street 5518023004 Los Angeles CA
- AreaKREA – Koreatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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Courtesy of Sync Brokerage. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.144 S Catalina Street 5518023004
Los Angeles, CA
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