Homes for sale - 1330 S Catalina ST, Los Angeles, CA 90006

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Rene Ramirez

findmycastle@castrarealty.com +1(951) 384-0656

$1,800,000

Est. payment - /mo

11 Beds

11 Baths

4,608 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $390

MLS Listing ID 25513225

Bedrooms 11

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1901

Lot Size 6,808 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Parking Features Assigned

Pool None

Community Features Gated

View Y/N Yes

View City Lights

Total Parking Spaces 9

Private Pool No

Building

Faces West

Story 2

Entry Level Multi/Split

Sewer Other

Architectural Style Craftsman

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5075005010

Security Features Carbon Monoxide Detector(s),Security Gate,Gated Community,Smoke Detector(s)

Special Listing Condition Standard

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Listed by William James • Lyon Stahl Investment Real Estate, Inc.

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Rene Ramirez

+1(951) 384-0656

Broker | License ID: 02038829

Broker License ID: 02038829

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1330 S Catalina ST Los Angeles, CA 90006

Rene Ramirez

Key Details

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Interior

Exterior

Building

Others

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1330 S Catalina ST