351 S Catalina Street, Los Angeles, CA 90020

AS CLOSE TO A NEW CONSTRUCTION YOU WILL GET!

Fully Renovated, Turnkey 4-Unit in Prime Koreatown

An exceptional, hassle-free multifamily investment in one of Los Angeles’ most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork.

Unit Mix

(2) 3 Bed / 2 Bath

(1) 2 Bed / 2 Bath

(1) 2 Bed / 1 Bath

Upper units feature 10-foot ceilings

Complete Renovation Highlights

Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers

Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, every wall has new insulation, CAT6 ethernet in every room

Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds

Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures

Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping

Property Highlights

-2 driveways with 12 off-street parking spaces

-Schlage keyless entry for building and units

-Nest smart thermostats

-Brand new stainless appliances in every unit

-$160,800 annual rental income

-6.26% cap rate | 14.2 GRM

-Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters)

-Walk Score: 92

Additional Notes

Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.