351 S Catalina Street
Property Overview
THE UPPER 2 BEDROOM, 2 BATHROOM UNIT WITH 10 FOOT CEILINGS WILL BE DELIVERED VACANT AT COE! Fully Renovated, Turnkey 4-Unit in Prime Koreatown An exceptional, hassle-free multifamily investment in one of Los Angeles’ most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork. Unit Mix (2) 3 Bed / 2 Bath (1) 2 Bed / 2 Bath (1) 2 Bed / 1 Bath Upper units feature 10-foot ceilings Complete Renovation Highlights Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, every wall has new insulation, CAT6 ethernet in every room Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping Property Highlights -2 driveways with 12 off-street parking spaces -Schlage keyless entry for building and units -Nest smart thermostats -Brand new stainless appliances in every unit -$160,800 annual rental income -6.26% cap rate | 14.2 GRM -Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters) -Walk Score: 92 Additional Notes Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1921
- Lot size
- 5,488 sq ft
- Parking
- 12 spaces
- Stories
- 2
- Days on market
- 38
- MLS status
- Active
- Architectural style
- Spanish
Features & Amenities
Appliances
- Dishwasher
- Free Standing Range
- Freezer
- Disposal
- Gas Oven
- Gas Range
- Microwave
- Refrigerator
- Water Heater
- Dryer
- Washer
Parking
- Assigned
- On Site
- Off Street
Pool
- None
Lot
- Near Public Transit
Exterior
- Rain Gutters
Security
- Carbon Monoxide Detectors
- Security Gate
- Smoke Detectors
Community, Schools & Utilities
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 351 S Catalina Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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