351 S Catalina ST, Los Angeles, CA 90020
351 S Catalina ST, Los Angeles, CA 90020
351 S Catalina ST, Los Angeles, CA 90020
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,995,000
Est. payment /mo
5,488 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26117499

HOA Y/N No

Year Built 1921

Lot Size 5,488 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer

Exterior

Exterior Feature Rain Gutters

Parking Features Assigned, On Site, Off Street

Fence Excellent Condition

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Elastomeric

Total Parking Spaces 12

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

New Construction No

Others

Senior Community No

Tax ID 5502005010

Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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Listed by Ryan Smagacz Real Broker 951-296-8095, DRE #02126879

NEARBY SCHOOL & BUSINESS

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