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674 S Catalina St 11 Unit Apartment Building $3,499,999 ($318,182/Unit) 3.02% Cap Rate Los Angeles, CA 90005
Executive Summary
REDEVELOPMENT SITE Prime Koreatown location half a block south of Wilshire - Prime and Ultra Rare R5 Zoning which allows for the highest density in Los Angeles.
Property Facts
| Price | $3,499,999 | Building Class | C |
| Price Per Unit | $318,182 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 8,626 SF |
| Cap Rate | 3.02% | Average Occupancy | 100% |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| No. Units | 11 | Year Built | 1950 |
| Property Type | Multifamily | Parking Ratio | 1.04/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R5-2, Los Angeles - City of Los Angeles LAR5 represents the highest density zoning allowable in Los Angeles. | ||
| Price | $3,499,999 |
| Price Per Unit | $318,182 |
| Sale Type | Investment |
| Cap Rate | 3.02% |
| Sale Condition | Redevelopment Project |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,626 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.04/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R5-2, Los Angeles - City of Los Angeles LAR5 represents the highest density zoning allowable in Los Angeles. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 9 | - | - |
| 2+2 | 1 | - | - |
1 1
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (80)
Property Taxes
| Parcel Number | 5094-007-015 | Improvements Assessment | $1,144,440 |
| Land Assessment | $2,236,860 | Total Assessment | $3,381,300 |
Property Taxes
Parcel Number
5094-007-015
Land Assessment
$2,236,860
Improvements Assessment
$1,144,440
Total Assessment
$3,381,300
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674 S Catalina St
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