1207 S. Catalina Street
Multifamily | 6 Units
Marketing description
1207 S Catalina St. is a 6-unit, two-story building comprising of four 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering an appealing unit mix well suited for both working professionals and small families. The property features an on-site laundry room for tenant convenience (2 washer/2 dryers, no lease on appliances), is separately metered, and provides six on-site parking spaces. The property is fully gated, with the carport located within the gated perimeter, providing enhanced security for tenants and their vehicles, an uncommon and highly desirable amenity in this walkable urban neighborhood. Two units may be delivered vacant at closing, allowing the new owner to immediately capture market rent while strategically repositioning the remaining units over time. Seller very motivated and will entertain all offers. Seller willing to carry financing for buyer.
Investment highlights
Centrally located just south of Koreatown, the property attracts strong tenant demand given its close proximity to Downtown LA, USC, major employment centers, Koreatown’s popular dining and nightlife, and Berendo Middle School located just around the corner, further enhancing its rentability. The location also offers excellent connectivity via the 10 and 110 freeways and multiple Metro bus and rail lines, providing convenient access throughout the city.
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