351 S Catalina, Los Angeles, CA 90020
Local realty services provided by:ERA Excel Realty
351 S Catalina,Los Angeles, CA 90020
$2,295,000
- - Beds
- - Baths
- 3,624 sq. ft.
- Multi-family
- Active
Listed by: ryan smagacz
Office: real broker
MLS#:DW26012688
Source:CRMLS
Price summary
- Price:$2,295,000
- Price per sq. ft.:$633.28
About this home
Fully Renovated, Turnkey 4-Unit Investment in Prime Koreatown!
Discover your next perfect, hassle-free investment in one of Los Angeles’ most sought-after neighborhoods. This fully modernized four-unit multifamily property has been upgraded from top to bottom—no detail overlooked—making it an ideal addition to any portfolio.
Apartment sizes consist of two 3 bed, 2 bath apartments, one 2 bed, 2 bath apartment, and one 2 bed, 1 bath apartment with one 3 bed, 2 bath being vacant at COE if needed! Complete renovations include:
-Infrastructure Upgrades: New sewer lines, water lines, water heaters, and full electrical modernization (wiring, subpanels, switches, outlets, and lighting) including 4 onsite EV chargers.
-Modern Comforts: In-unit washer/dryer hookups, new dishwashers hookups, and new energy-efficient central HVAC and ducting.
-Stylish Finishes: New doors, blinds, drywall, fresh paint, matte black shaker kitchen cabinets with quartz countertops, premium stainless-steel appliances, and new durable LVP flooring.
-Bathroom Remake: 7 new full bathrooms including new micro-cemented walk in showers & bathtubs, new toilets, new vanities, and new brushed gold plumbing fixtures.
-Exterior Enhancements: Motorized, remote-controlled driveway security gate, roof repairs, and 33 all new black double pane Milgard windows.
Property Highlights:
-2 driveways with a total of 12 off-street parking spaces.
-EV chargers, CAT6 ethernet ports in every room, full Schlage hardware keyless entry into building and all apartments, and Nest smart thermostats.
-$160,800 annual rental income.
-Attractive almost 6% cap rate and 14.2 GRM.
-RESIDENTS PAY 100% OF ALL UTILITIES; each apartment has its own electrical meter, gas meter, and water heater.
-Prime location with a Walk Score of 92.
Additional Information:
Photos are virtually staged with furniture. One 3 bed, 2 bath unit can be vacant at COE. Do not disturb tenants. The listing agent holds ownership in the property.
Contact an agent
Home facts
- Year built:1921
- Listing ID #:DW26012688
- Added:1 day(s) ago
- Updated:January 19, 2026 at 11:46 AM
Rooms and interior
- Living area:3,624 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Roof:Elastomeric
- Year built:1921
- Building area:3,624 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,295,000
- Price per sq. ft.:$633.28
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