144 Catalina St Los Angeles, CA 90004
Shovel-ready 46-unit affordable housing project in prime Koreatown location.
Property Features for 144 Catalina St
General Information
- Standard status
- Active
Building Details
- Year built
- 1921
Source:
Corcoran
Listing Agent: Rana Khanjani
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Koreatown RTI Development Opportunity
This is an opportunity to develop a fully RTI-approved 46-unit 100% affordable housing project in Koreatown. The 9,024 square foot lot, zoned R3, is approved for 2 two-bedroom units, 36 one-bedroom units, and 8 studios, totaling approximately 15,703 square feet of rentable space and 20,510 square feet of gross building area. The projected monthly rental income is approximately $109,072, based on current HACLA Section 8 rents. The property is located in the 90004 ZIP code, a transit-rich neighborhood near Downtown LA, Hollywood, and Wilshire Center. The area features high walkability and strong tenant demand, with access to restaurants, shopping, and services.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29527
- Latitude
- 34.07146
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Shovel-ready 46-unit affordable housing project in prime Koreatown location.
Where is this apartment building located?
The property is located at 144 Catalina St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Fully RTI-approved for a 46-unit 100% affordable housing project.; - Located in prime Koreatown, a dynamic and densely populated rental market.; - Projected monthly rental income of approximately $109,072 based on current HACLA Section 8 rents.