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455 S Catalina St
Los Angeles, CA 90020
Catalina Tropics · Multifamily Property For Sale
·
32 Units
Investment Highlights
- Over 25% upside in rents with potential for up to 8 ADU units in current parking area
- Mix of studios, one-bedroom and two-bedroom apartments appeals to young, professional demographic
- Property currently has a waiting list for new tenants
- Excellent future development opportunity - half acre corner lot zones R4 & designate Tier 3 TOC
- Unit upgrades include granite countertops, laminate flooring, and upgraded appliances
- Tenants enjoy gated parking or private garages, on site laundry room, secure gated interior courtyard & pool, and beautifully landscaped grounds
Property Facts
| No. Units | 32 | Building Size | 18,806 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 1.38/1,000 SF |
| Lot Size | 0.54 AC | ||
| Zoning | LAR4 | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.54 AC |
| Building Size | 18,806 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | LAR4 |
Amenities
Unit Amenities
- Disposal
- Ceiling Fans
- Tile Floors
- Crown Molding
- Kitchen
- Range
- Carpet
- Intercom
- Vinyl Flooring
Site Amenities
- Courtyard
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Security System
- Gated
- Grill
- Pet Play Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 17 | $1,146 | 495 |
| 1+1 | 13 | $1,293 | 662 |
| 2+2 | 2 | $2,200 | 851 |
Property Taxes
| Parcel Number | 5502-012-010 | Improvements Assessment | $1,887,000 |
| Land Assessment | $4,590,000 | Total Assessment | $6,477,000 |
Property Taxes
Parcel Number
5502-012-010
Land Assessment
$4,590,000
Improvements Assessment
$1,887,000
Total Assessment
$6,477,000
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