Active

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 : Residential Income

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 Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    None Has Heating

  • Building Information

    Year Built: 1922 Building Area Total: 3,608

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1902
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 8285

  • Listing Price Information

    Original List Price: 1,150,000 Listing Contract Date: 2026-03-04
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5518020011

  • Garage and Parking

    Garage Description: Detached Carport,Driveway

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas,Trash Collection,Water

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Postal Code Plus 4: 4671 Directions: 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. Zoning: LAR3 Source Property Type: Residential Income Area: C17 - Mid-Wilshire
  • Building and Construction

    Property Age: 104 Year Built Source: Vendor Enhanced Total Square Feet Living: 3608 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
542 N Commonwealth, Los Angeles, CA, 90004 $1,675,000 3 3 2,847 2,847 SqFt
432 N Commonwealth, Los Angeles, CA, 90004 $795,000 4 2 1,432 1,432 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 -- 1,798 1,798 SqFt
3812 Middlebury, Los Angeles, CA, 90004 $799,800 3 2 1,240 1,240 SqFt
449 N Virgil, Los Angeles, CA, 90004 $1,299,000 2 2 1,886 1,886 SqFt
3220 W 2nd Street, Los Angeles, CA, 90004 $1,480,000 8 -- 7,985 7,985 SqFt
210 S Commonwealth Avenue, Los Angeles, CA, 90004 $3,590,000 24 -- 10,884 10,884 SqFt
124 N Westmoreland Avenue, Los Angeles, CA, 90004 $4,350,000 -- -- 17,730 17,730 SqFt
118 N Westmoreland Avenue, Los Angeles, CA, 90004 $3,750,000 -- -- 18,765 18,765 SqFt

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ByOwner last updated this listing 06/22/2026 @ 02:57

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

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