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144 S Catalina StreetLos Angeles, CA 90004

For Sale

$1,990,000

Smart Buyer Rebate $19,900

Shovel-Ready 46-Unit RTI Development in Prime Koreatown: Incredible opportunity to develop a fully RTI-approved 46-unit 100% affordable housing project in the heart of Koreatown—one of the most dynamic and densely populated rental markets in Los Angeles. The 9,024 SF R3-zoned lot is approved for for 2 two-bedroom, 36 one-bedroom units and 8 studios,, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly rental income is approx. $109,072, based on current HACLA Section 8 rents—offering immediate and reliable long-term cash flow with significant upside. Located in the vibrant 90004 ZIP code, this transit-rich neighborhood is surrounded by major employment hubs (Downtown LA, Hollywood, Wilshire Center), Metro stations, and an endless mix of restaurants, shopping, and services. High walkability, strong tenant demand, and limited affordable housing supply make this a premier opportunity for developers and investors looking to secure a strong return in one of LA’s hottest submarkets.

Listed by Rana Khanjani

·

License #02021891

·

Sync Brokerage

·

818-723-9071

Last updated November 03, 2025

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Source: CRMLS #SR25093860

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire Center - Koreatown
  • Days on Prevu204

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

11/03/2025
Price Decreased
$1,990,000
10/28/2025
Status changed to Active
$2,200,000
10/22/2025
Status changed to Removed from Feed
$2,200,000
10/17/2025
Status changed to Active
$2,200,000
10/16/2025
Status changed to Removed from Feed
$2,200,000
10/04/2025
Status changed to Active
$2,200,000
10/03/2025
Status changed to Removed from Feed
$2,200,000
09/20/2025
Status changed to Active
$2,200,000
09/19/2025
Status changed to Removed from Feed
$2,200,000
09/18/2025
Status changed to Active
$2,200,000
09/16/2025
Status changed to Removed from Feed
$2,200,000
09/16/2025
Status changed to Active
$2,200,000
09/14/2025
Status changed to Removed from Feed
$2,200,000
09/12/2025
Status changed to Active
$2,200,000
09/05/2025
Status changed to Removed from Feed
$2,200,000
09/05/2025
Status changed to Active
$2,200,000
09/03/2025
Status changed to Removed from Feed
$2,200,000
09/01/2025
Status changed to Active
$2,200,000
08/28/2025
Status changed to Removed from Feed
$2,200,000
07/30/2025
Price Decreased
$2,200,000
07/24/2025
Status changed to Active
$2,300,000
07/23/2025
Status changed to Removed from Feed
$2,300,000
06/28/2025
Status changed to Active
$2,300,000
06/27/2025
Status changed to Removed from Feed
$2,300,000
04/29/2025
Listed by Sync Brokerage
$2,300,000

Property Details for 144 S Catalina Street

Association

Amenities

  • Community Features: Curbs

Exterior

Construction

  • Number Of Units Total: 46
  • Property Attached: Yes
  • Stories Total: 4
  • Year Built: 1921
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 20,510
  • Building Area Units: Square Feet
  • Lot Features: Value In Land
  • Lot Size Acres: 0.20
  • Lot Size Area: 9,024
  • Lot Size Source: See Remarks
  • Lot Size Square Feet: 9,024
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5518023004

Other

Location

  • Tax Lot: 15

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Laundry Features: See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.