1228 S Catalina St, Los Angeles, CA 90006
1228 S Catalina St, Los Angeles, CA 90006
1228 S Catalina St, Los Angeles, CA 90006
44
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$1,099,000
Est. payment /mo
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4 Beds
4 Baths
2,352 SqFt
New

1228 S Catalina St Los Angeles, CA 90006

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Herman Singh

Herman Singh

+1(718) 679-7822

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,352 sqft

Price per Sqft $467

MLS Listing ID 26810135

Style Craftsman

Bedrooms 4

Year Built 1910

Lot Size 5,906 Sqft

Acres 0.1356

Property Sub-Type Multi-Family

Property Description

1228-1230 S Catalina Street presents a rare LAR3 multifamily investment which owner can occupy and redevelopment opportunity in the heart of Koreatown, one of Los Angeles' most supply-constrained and transit-oriented rental submarkets. The property sits on an approximately 0.135 AC lot and is currently improved with a well-maintained duplex, each approximately 1,200 SF with 2 bedrooms and 2 bathrooms; one of the bathroom is not permitted, offering immediate in-place income from one unit and long-term redevelopment flexibility. One unit will be delivered vacant. Originally constructed in 1910, the property retains desirable period character, including original Art Deco fireplaces and Craftsman cabinetry, while benefiting from meaningful capital improvements such as updated electrical systems, copper plumbing, and energy-efficient tankless water heaters. Kitchens have been upgraded with ceramic tile flooring and granite countertops, positioning the asset well for continued rental performance during a hold period. The site is significantly underutilized relative to its LAR3 zoning, creating clear upside for a future multifamily redevelopment. R3 zoning allows for higher residential density, with additional potential to increase unit count through State Density Bonus, SB 423 streamlining, and TOC, Tier 3 incentives; subject to buyer verification. The property's proximity to major transit corridors, employment centers, and neighborhood amenities further supports higher-density residential development and long-term rent growth. A shared landscaped yard with mature trees enhances livability and tenant appeal, while the central location near Koreatown, public transportation, dining, and retail supports sustained demand. The property is well suited for developers, value-add investors, or 1031 exchange buyers seeking a covered land play with multiple exit strategies, including hold, reposition, or ground-up redevelopment. Offered as-is. Buyer to independently verify zoning, density, development incentives, and feasibility.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms Shed(s)

Interior

Heating Floor Furnace

Cooling Wall/Window, Window Unit(s)

Equipment Dryer, Refrigerator, Washer

Exterior

Parking Features Driveway, Gated, Private, Uncovered

Garage Spaces 3.0

View Y/N No

View None

Building

Architectural Style Craftsman

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Redpoint Realty

NEARBY SCHOOL & BUSINESS

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Herman Singh

Herman Singh

Broker

+1(718) 679-7822

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1228 S Catalina St