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Koreatown Multifamily Value-Add Opportunity
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165 S Catalina St, Los Angeles, CA 90004

Four-unit multifamily in Koreatown with redevelopment potential.

Property Size3,608 SF
Lot Size0.19 Acres
Price / SF$360.31
Days on Market168

Property Features for 165 S Catalina St

General Information

Standard status Active
Size 3,608 SF
Class C
Lot size 0.19 Acres
Property subtype Multifamily, Land
Investment Type Net Lease

Building Details

Year Built 1922
Buildings 1
Stories 2
Units 4
Listing Agency: Matthews
Listed By: Henry Bell · License #CA 01716115
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Jul 23 at 6:48AM

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 Matthews

Investment Insights

Based on property information with market context.

This four-unit multifamily property is located in Koreatown, Los Angeles. Constructed in 1922, the building has a size of approximately 3,608 square feet and is situated on an approximately 8,309 square foot lot. The property is zoned R3/TOC and has RTI plans for Accessory Dwelling Units (ADUs). It is SB79 Tier 1 eligible and located in an Opportunity Zone. The property is being sold AS-IS with tenants currently in place. This property presents a value-add or redevelopment opportunity.

Key Highlights

  • RTI plans for ADUs offer immediate expansion potential
  • R3/TOC zoning allows for increased density and development options
  • Opportunity Zone location provides potential tax benefits

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store Buffet Restaurant Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,091
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily in Koreatown with redevelopment potential.
Where is this quadplex located?
The property is located at 165 S Catalina St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: RTI plans for ADUs offer immediate expansion potential; R3/TOC zoning allows for increased density and development options; Opportunity Zone location provides potential tax benefits
(310) 365-5054 Call to check price and availability
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