Skip To Content

1315 S Catalina St

Los Angeles, CA 90006
  • $2,190,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 21-783686
UPDATED: 63 min ago
$2,190,000
  • 15
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,258
    SQFT
  • $417
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1903
County:

School Ratings & Info

Description

Iconic Investments is pleased to offer for sale 1315 S. Catalina St., a 7-unit apartment building located in the Pico-Union submarket of Los Angeles. Built in 1908 with additional units added in 2012 & 2021, 3 of the 7 units are not subject to Los Angeles City RSO. The unit mix is 1 one-bed/one-bath, 5 two-bed/one-bath and 1 four-bed/two bath units. 4 of the 7 units have been recently updated with new hardwood floors, kitchen cabinets & countertops, bathrooms, fixtures, lighting, stainless steel appliances and split-system air conditioning/heating units. In addition, the other 3 units were newly constructed in 2012 & 2021 and new at that time. The property is individually metered for both gas and electric, and the tenants pay for trash. All units have individual water heaters. Unit numbers 5 & 6 were built in 2012 allowing for 10% annual rent increases.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T12:42:53.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/121422242
Print Image

1315 S Catalina St Los Angeles, CA 90006

  • Price: $2,190,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 63 min ago
  • MLS #: 21-783686
15
Beds
0
Baths
0
½ Baths
0.16
Acres
5,258
SQFT
$417
$/SQFT
1903
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Iconic Investments is pleased to offer for sale 1315 S. Catalina St., a 7-unit apartment building located in the Pico-Union submarket of Los Angeles. Built in 1908 with additional units added in 2012 & 2021, 3 of the 7 units are not subject to Los Angeles City RSO. The unit mix is 1 one-bed/one-bath, 5 two-bed/one-bath and 1 four-bed/two bath units. 4 of the 7 units have been recently updated with new hardwood floors, kitchen cabinets & countertops, bathrooms, fixtures, lighting, stainless steel appliances and split-system air conditioning/heating units. In addition, the other 3 units were newly constructed in 2012 & 2021 and new at that time. The property is individually metered for both gas and electric, and the tenants pay for trash. All units have individual water heaters. Unit numbers 5 & 6 were built in 2012 allowing for 10% annual rent increases.
Exterior Features

Lot Size Area 6803 Other Structures None Parking Garage None Total Parking 0

Interior Features

Baths Total 8.00 Cooling Air ConditioningWall/WindowWall Unit(S) Equipment None Heating WallForced Air

Property Features

Assessed Total Value 979000 Entry Floor Number 1 Gross Income 175548 Gross Operating Income 175548 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 2 Like Units5 2 Net Operating Income 124450.00 Number Of Buildings 2 Number Of Units 7 Sale Type Standard Source Living Area Title Company Source Lot Size Area Assessor Total Annual Expense 51098 Type Of Units Apartments Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Peter Strauss DRE#01335696 of Iconic Investments.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-08T12:42:53.23. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-783686-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-783686-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-783686-2.jpg
Logo
The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210