Search
9-Unit Apartment Building
For Sale
Contact for pricing

221 N Catalina St, Los Angeles, CA 90004

Separately metered utilities and on-site tenant parking support straightforward property operations.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market143

Property Features for 221 N Catalina St

General Information

Standard status Active
Lot size 0.17 Acres
Property subtype Multifamily
Zoning R3

Property Condition

Severity Repairs Needed
Evidence exterior and interior renovations

Units

Unit Mix 7 x 1BR, 2 x 2BR
Multifamily Units 9

Additional Details

Opportunity Zone Yes
Utilities to Site Yes

Amenities

on-site parking

Building Details

Year Built 1958
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Sean Rosenzweig · License #CA 01406343
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 1:26AM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

The 9-unit apartment property at 221-223 North Catalina Street includes seven one-bedroom residences and two two-bedroom residences. Built in 1958, the building has separate electric and gas meters, along with parking on the premises. It is zoned R3 and located within a Tier 3 TOC area.

The property sits in Koreatown, south of Beverly Boulevard and between Normandie Avenue and Vermont Avenue. It is also within a designated Opportunity Zone. Delivery is expected at 89% vacancy, and the existing configuration provides a basis for exterior and interior renovation planning without the need to relocate most occupants.

Key Highlights

  • 9‑unit apartment community with seven one‑bedroom units and two two‑bedroom units
  • 7,407‑square‑foot lot zoned R3 in a Tier 3 TOC
  • Constructed in 1958 with separately metered electricity and gas

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Lease Details

9
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,814
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Separately metered utilities and on-site tenant parking support straightforward property operations.
Where is this apartment building located?
The property is located at 221 N Catalina St Los Angeles, CA.
What are key features of this property?
This property features: 9‑unit apartment community with seven one‑bedroom units and two two‑bedroom units; 7,407‑square‑foot lot zoned R3 in a Tier 3 TOC; Constructed in 1958 with separately metered electricity and gas
(213) 943-1800 Call to check price and availability
More about this property
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