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165 S Catalina Street

Los Angeles, CA 90004
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Bed 4

Bed

Bath 0

Bath

SqFt3,608

Sqft

SqFt8,285

Sqft(Lot)

165 S Catalina Street presents a Koreatown multifamily investment and development opportunity delivered with RTI-approved plans to construct four additional units, allowing investors to immediately expand the property with minimal entitlement risk.The property sits on an 8,309-square-foot R3-zoned lot within a Transit-Oriented Communities (TOC) Tier 3 incentive area, creating a clear path for increased residential density near major transit. In addition to the approved expansion, the site is in close proximity to the Vermont/Wilshire Metro Station, positioning the property for potential future density increases under SB 79 Tier 1 transit proximity incentives once implemented.The existing improvements consist of a four-unit Tudor-style multifamily building totaling approximately 3,600 squar e feet, with average unit sizes around 900 square feet, providing flexibility for investors to reposition the existing units while planning for long-term development potential.Located within a designated Opportunity Zone, the property benefits from strong rental demand and proximity to neighborhood amenities including Wilshire Boulevard, Larchmont Village, Hancock Park, and Silver Lake, along with convenient access to the 101 and 10 Freeways.The property is being offered AS-IS with tenants in place, providing investors with current income while evaluating expansion or redevelopment strategies.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,150,000

AD Id : 75790872

MLS Id : 26659743

Beds : 4

Lot Size : 8,285 Sqft

Living Area Size : 3,608

Year Built : 1922

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4
  • Heating & Cooling

    Heating: None Cooling: None

  • Building Information

    Year Built: 1922
    Building Area Total: 3608
    Private Pool: No

  • Lot Information

    Main Square Feet: 8285 Lot Size Acres: 0.1902 Lot Size Square Feet: 8,285

  • Listing Price Information

    Listing Price: $1150000
    Original Price: $1300000

  • Tax Information

    Parcel Number: 5518020011

  • Location Information

    Direction: North of Wilshire Blvd, East of Normandie Ave, West of Vermont Ave, South of 3rd St. Property located on the east side of Catalina St.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
542 N Commonwealth, Los Angeles, CA, 90004 $1,560,000 3 3 2,847 2,847 SqFt
441 N Commonwealth Avenue, Los Angeles, CA, 90004 $850,000 1 1 1,014 1,014 SqFt
447 N Commonwealth Avenue, Los Angeles, CA, 90004 $900,000 3 2 1,798 1,798 SqFt
426 N Virgil Avenue, Los Angeles, CA, 90004 $1,399,000 -- -- 3,427 3,427 SqFt
3812 Middlebury, Los Angeles, CA, 90004 $799,800 3 3 1,240 1,240 SqFt
3875 Middlebury Street, Los Angeles, CA, 90004 $699,000 2 1 667 667 SqFt
210 S Commonwealth Avenue, Los Angeles, CA, 90004 $3,590,000 24 -- 10,884 10,884 SqFt
238 S Westmoreland, Los Angeles, CA, 90004 $2,699,999 8 5 4,416 4,416 SqFt
124 N Berendo Street, Los Angeles, CA, 90004 $1,200,000 5 -- 3,939 3,939 SqFt
122 S Berendo Street, Los Angeles, CA, 90004 $2,275,000 4 -- 5,237 5,237 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information 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 Miami Association of REALTORS® 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 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 15:45

MLS: 26659743 LISTED BY: Daniel Withers, Matthews Real Estate Investment Services 866-889-0550 SOURCE: CRMLS

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