144 S Catalina, Los Angeles, CA 90004

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Glen Henderson

[email protected] +1(619) 889-7646

$2,300,000

Est. payment - /mo

9,024 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25079690

HOA Y/N No

Lot Size 9,024 Sqft

Acres 0.2072

Property Sub-Type Lots/Land

Type of Financing Cash

Property Description

Prime Koreatown development opportunity with RTI permits fully delivered for a 46-unit affordable housing developement. The 9,024 SF R3-zoned lot is approved for 40 one-bedroom units and 6 studios, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly income is approx. $109,072 based on HACLA Section 8 rents. Located in a high-demand, transit-accessible area near Metro lines, major employers, and endless dining and retail. Strong potential for long-term cash flow and value appreciation
Prime Koreatown development opportunity with RTI permits fully delivered for a 46-unit affordable housing developement. The 9,024 SF R3-zoned lot is approved for 40 one-bedroom units and 6 studios, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly income is approx. $109,072 based on HACLA Section 8 rents. Located in a high-demand, transit-accessible area near Metro lines, major employers, and endless dining and retail. Strong potential for long-term cash flow and value appreciation

Location

State CA

County Los Angeles

Area Los Angeles (90004)

Building

Lot Description Curbs

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $54

Acceptable Financing Cash

Listing Terms Cash

CFD/Mello-Roos Fee $653

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Listed by Rana Khanjani • Sync Brokerage

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

144 S Catalina Los Angeles, CA 90004

Glen Henderson

Key Details

Location

Building

Others

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