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115 N Catalina St, Los Angeles, CA 90004
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115 N Catalina St Los Angeles, CA 90004

$1,600,000 Sold Price as of 03/25/2020
  • 5 Beds
  • 5 Baths
  • -- Sq.Ft.
Sold
$1,600,000 Sold Price as of 03/25/2020 Refinance Your Mortgage
Map preview of 115 N Catalina St, Los Angeles, CA 90004

Property Overview: 115 N Catalina St Los Angeles, CA has 5 bedrooms, 5 bathrooms, -- living square feet and 7,369 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 115 N. Catalina Street is a recently renovated five-unit apartment building located on a tree-lined street in highly desirable Koreatown. The 4,119 SF building is situated on a 7,369 SF lot zoned LAR3. It is composed of five spacious one bedroom-one bath units with formal dining rooms with four currently functioning as two-bedrooms. The property was renovated with a newer roof, approximately half copper plumbing, some newer windows, paint and landscaping. Four of the five units were recently renovated with new flooring, tile, paint, new modern appliances, newer hot water heaters and heaters. Some of the renovated units also have their own washer and dryers for tenant's convenience. Each unit is separately metered for gas and electricity and has its own separate hot water heater. There is garage parking in the rear of the property for each unit. 115 N. Catalina Street is a unique investment opportunity as the income of the property is very high creating excellent CASHFLOW DAY 1!

Listed by Nicole Apostolos | BRE #01464936 | Keller Williams Realty Encino-Sherman Oa
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
7,369
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20546150
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,241
  • Total Rent: $1,241
  • Pro Forma/Market Rent: $2,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.31
  • Gross Scheduled Income: --
  • Net Operating Income: $84,666
  • Gross Operating Income: $120,262
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 115 N Catalina St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Property Information
  • Total # of Units: 5
  • Parcel Number: 5518019012
Location / Neighborhood
Location Information
  • Directions: Located in the heart of Koreatown near Vermont and Beverly Blvd. just minutes away from the 101 Freeway and the Metro Red Line. It is deemed very walkable with a walkability score of 85 out of 100. This location provides easy access to major employment hubs of Downtown Los Angeles and Hollywood and all the restaurants and entertainment.
View more facts & features

Local Los Angeles Agent

Sale History for 115 N Catalina St

Last sold for $1,600,000 on March 25th, 2020

  • March, 2020

  • Mar 31, 2020

    Date

    Sold

    CRMLS: 20546150

    $1,600,000

    Price

  • Feb 4, 2020

    Date

    Active Under Contract

    CRMLS: 20546150

    $1,650,000

    Price

  • Jan 27, 2020

    Date

    Active

    CRMLS: 20546150

    $1,650,000

    Price

  • March, 2020

  • Mar 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,600,000

    Price

  • August, 2017

  • Aug 30, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 115 N Catalina St

Assessed Value (2020): $915,291
Year Land Value Improved Value Assessed Value
2020 $636,724 $278,567 $915,291

Home Value Compared to the Market

This property vs the competition

115 N Catalina St sold on March 25, 2020 for 46.02% higher than the current median sold price for the city of Los Angeles which is $1,130,000.

About 115 N Catalina St

Detailed summary of property

115 N Catalina St is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 5 bedrooms, 5 bathrooms, roughly -- living square feet, and sits on an approximately 7,369 square foot lot. 115 N Catalina St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,600,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 46.02% higher than the current median priced home. Local homes that are currently for sale include 920 S Kenmore Ave, 2969 London St and 5324 Monroe St. While the average home in Los Angeles, CA is selling in 99 days, 115 N Catalina St has a days on market of 10 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 115 N Catalina St Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 115 N Catalina St

Public county record property details
Beds
5
Baths
5
Year built
1939
Sq. Ft.
4,199
Lot Size
7,369
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5518-019-012

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$1,075,000
Median Sold Price/Sq.Ft.
$764
Total Inventory
67
Median Sale to List Price %
93.56%
Avg Days on Market
31
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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