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    144 Catalina Street Los Angeles, CA 90004

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    For Sale
    $2,200,000

    Shovel-ready 46-unit affordable housing project in prime Koreatown location.

    Added:
    May 10, 2025
    Days on Market:
    355
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 144 Catalina Street

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1921

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    Listing Contact
    RANA KHANJANI

    Listing agent RANA KHANJANI

    Listing office SYNC BROKERAGE

    Listing date May 10, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SYNC BROKERAGE


    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 Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    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
    -118.295
    Latitude
    34.0715

    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 Street 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.
    More about this property
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