1243 S Catalina St - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$2,800,000 USD
213-855-6055
1243 S Catalina St, Los Angeles, CA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/11
null | 4.68% Cap Rate

1243 S Catalina St
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Well-maintained multifamily property located in the Harvard Heights area of Los Angeles.
  • Positioned in an Opportunity Zone, creating potential tax incentive opportunities for investors seeking long-term benefits.
  • Spacious layouts with townhome-style floor plans.
  • Each unit features in-unit washer/dryer, stainless steel appliances, and air conditioning for tenant convenience.
  • Close to public transit, major thoroughfares, and lifestyle amenities such as shopping, dining, and cultural destinations.
  • On-site parking available with a parking ratio of approximately 1.5 spaces per 1,000 SF.

OVERVIEW

1243–1245 S Catalina Street presents a prime multifamily investment opportunity in Los Angeles’ Harvard Heights neighborhood. Consisting of four spacious townhome-style units across approximately 6,202 square feet, this three-story property offers a desirable unit mix of two 3-bedroom, 4-bath layouts and two 4-bedroom, 4-bath layouts, each featuring in-unit laundry, stainless steel appliances, and air conditioning. The building sits on a 0.48-acre parcel with LAR3 zoning, providing future redevelopment or density potential, and includes on-site parking with a ratio of approximately 1.5 spaces per 1,000 square feet.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$451 USD /SF

# OF UNITS

4

PRICE/UNIT

$700,000

CAP RATE

4.68%

% LEASED

1%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1243-1245 S Catalina St, Los Angeles CA 90006

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1902

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,734 SF

ZONING

LAR3

APN/PARCEL ID

5078-031-011

ASK ABOUT THIS PROPERTY

Anny ShinDream EREMore Info
213-855-6055

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Anny ShinDream EREMore Info
213-855-6055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.