Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    144 Catalina St Los Angeles, CA 90004

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,200,000

    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: SYNC BROKERAGE 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

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.29527
    Latitude
    34.07146

    Nearby Similar for Sale

    • $3,099,999
      6,845 SF

      New Construction Fourplex in Mid-City

      Fully leased, high-end fourplex in a desirable Los Angeles location.
      1638 Longwood Ave, Los Angeles, CA 90019
      View Details
    • $1,779,000
      5,218 SF

      New Triplex in Central Los Angeles

      Contemporary triplex near freeways, stadiums, and arenas.
      232 E Gage Ave, Los Angeles, CA 90003
      View Details
    • $1,700,000
      4,631 SF

      Renovated Multifamily Investment Opportunity

      Fully leased, renovated multifamily property in East LA with high cap rate.
      930 Fraser Ave, Los Angeles, CA 90022
      View Details
    • $2,799,000
      7,961 SF

      New Los Angeles Quadruplex Opportunity

      Modern 4-unit property near Downtown Los Angeles with excellent income.
      300 E 25Th St, Los Angeles, CA 90011
      View Details
    • New
      $1,250,000
      1,832 SF

      Charming Spanish-Style Duplex in Los Angeles

      Beautifully preserved duplex with indoor-outdoor living in Glassell Park.
      4526 Verdugo Rd, Los Angeles, CA 90065
      View Details
    • New
      $1,899,000
      3,896 SF

      Remodeled Fourplex in Hollywood Submarket

      Renovated fourplex near LACC, fully leased with stable income.
      801 N Alexandria Ave, Los Angeles, CA 90029
      View Details

    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.
    Request Owner's contact information
    144 Catalina St Los Angeles, CA 90004
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    144 Catalina St
    Los Angeles, CA 90004
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    144 Catalina St Los Angeles, CA 90004
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.