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11-Unit Apartment Building

674 S Catalina St, Los Angeles, CA 90005

For Sale
$2,900,000

LAR5 zoning and Tier 3 TOC designation support consideration of redevelopment or continued residential use.

Property Size7,472 SF
Lot Size0.20 Acres
Price / SF$388.12
Days on Market206

Property Features for 674 S Catalina St

General Information

Standard status Active
Size 7,472 SF
Lot size 0.20 Acres
Property subtype MULTI_FAMILY
Zoning LAR5
Occupancy 100%

Financials

Cap Rate 2%
Gross Income $163,690
Gross Rent Multiplier 23.82

Site & Location

Neighborhood Koreatown
Public Transit Yes

Land

Topography flat
Entitled No

Additional Details

Multifamily Units 11
Tenant in Place Yes

Building Details

Building Size 7,472 SF
Year Built 1950
Buildings 1
Listing Agency: The Executive Realty Group
Listed By: Beata Mandell · License #01392993
Source: Mattrothrealtor
Added: Apr 17 Changed: Nov 7 Last Checked: Nov 7 at 5:37PM

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 The Executive Realty Group

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Investment Insights

Based on property information with market context.

The property is an 11-unit apartment building constructed in 1950, with a reported building area of 7,472 square feet. All units are occupied, and the property is subject to Los Angeles Rent Stabilization Ordinance requirements. The site is zoned LAR5 and carries a Tier 3 TOC designation. No Ellis Act process or tenant buyouts have been completed.

The flat lot measures 8,700 square feet. The property information cites approximately 26,000 square feet of potential by-right buildable area, subject to buyer verification. The address is 674 S Catalina St in Los Angeles, near Wilshire Boulevard, Metro stations, and major Koreatown projects.

Key Highlights

  • 11 occupied apartment units in a 1950 building
  • 7,472‑square‑foot building on an 8,700‑square‑foot flat lot
  • LAR5 zoning with Tier 3 TOC designation

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Veterinary Clinic Tanning Salon Carpet & Flooring Store Buffet (Bike/Boat/Book/etc) 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

11
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

8,949
Businesses Nearby

Demographics for 90005, CA

37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - LAR5 zoning and Tier 3 TOC designation support consideration of redevelopment or continued residential use.
Where is this apartment building located?
The property is located at 674 S Catalina St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 11 occupied apartment units in a 1950 building; 7,472‑square‑foot building on an 8,700‑square‑foot flat lot; LAR5 zoning with Tier 3 TOC designation
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