674 S Catalina Street, Los Angeles, CA 90005

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
674 S Catalina Street,Los Angeles, CA 90005
$2,900,000
  • 12 Beds
  • 12 Baths
  • 7,472 sq. ft.
  • Multi-family
  • Active
Listed by: beata mandell, zo lakanwal
Office: the executive realty group310-701-3808
MLS#:26747731
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$388.12

About this home

***MAJOR PRICE REDUCTION. Exceptional Koreatown LAR5 / Tier 3 TOC development opportunity. New pricing creates compelling value for developers, investors, and value-add buyers in one of LA's strongest high-density growth corridors.*** Prime Koreatown LAR5-zoned property with Tier 3 TOC designation ideal for high-density multifamily, mixed-use, or future condo/hotel development. 11-unit income-producing building, fully occupied, generating $13,640.88/month in actual rents ($163,690.56 annually). Cap rate ~2% | GRM 23.82 this is a land-value and entitlement play, not a cash-flow asset. Flat 8,700 SF lot with potential for 26,000 buildable SF by right (buyer to verify).No Ellis Act or tenant buyouts completed developers maintain full control of exit or repositioning strategy. Subject to LA Rent Stabilization (RSO); Unit 3 currently rented at $394/month under RSO. Income can support carrying costs during planning or entitlement phases. Located just blocks from...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Listing ID #:26747731
  • Added:161 day(s) ago
  • Updated:September 26, 2026 at 10:50 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Kitchen Description:Microwave, Refrigerator
  • Living area:7,472 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1950
  • Building area:7,472 sq. ft.
  • Lot area:0.2 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$388.12

Parking

  • Total parking spaces:7
  • Parking description:Driveway, Uncovered
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Nelson Shelton Real Estate ERA Powered is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Nelson Shelton Real Estate ERA Powered, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 674 S Catalina Street