537 S Catalina St, Los Angeles, CA 90020
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537 S Catalina St Los Angeles, CA 90020

$3,250,000 Sold Price as of 06/16/2022
  • 10 Beds
  • 15 Baths
  • 10,040 Sq.Ft.
Sold
$3,250,000 Sold Price as of 06/16/2022 Refinance Your Mortgage

Map preview of 537 S Catalina St, Los Angeles, CA 90020

Property Overview: 537 S Catalina St Los Angeles, CA has 10 bedrooms, 15 bathrooms, 10,040 living square feet and 13,053 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to acquire character 15 units in high density, high traffic'd location just north of Wilshire Blvd in prime K-Town on the northwest block of 6th and Catalina. Large R4 lot over 10k. Building mix is (10) 1 bedrooms and (5) Singles. Great curb appeal with lush landscaping and center courtyard. Fenced and automatic gate to long driveway and rear parking and carport. Add to portfolio or prime redevelopment. Drive by only. Do not disturb tenants. Showing with accepted offer only.

Listed by Richard R.J. Kas | BRE #01352771 | Coldwell Banker Realty
Last checked: 22 seconds ago | Last updated: June 16th, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
13,053
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21102935
City
Los Angeles
County
Los Angeles
Time on Site
907 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 15
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $944
  • Total Rent: $4,717
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $984
  • Total Rent: $9,834
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.6
  • Gross Scheduled Income: --
  • Net Operating Income: $93,811
  • Gross Operating Income: $174,612
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 537 S Catalina St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room
Interior Features
  • Security Features: Gated Community, Resident Manager, Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Detached Carport, Controlled Entrance
Lot Information
  • Lot Features: Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Courtyard
  • Total # of Units: 15
  • Parcel Number: 5502021013
  • Architectural Style: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Wilshire near n/w corner of 6th and Catalina.
View more facts & features

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Sale History for 537 S Catalina St

Last sold for $3,250,000 on June 16th, 2022
  • June, 2022

  • Jun 16, 2022

    Date

    Sold

    CRMLS: 21102935

    $3,250,000

    Price

  • Nov 8, 2021

    Date

    Active

    CRMLS: 21102935

    $3,600,000

    Price

  • January, 2021

  • Jan 28, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2019

  • Aug 15, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 537 S Catalina St

Assessed Value (2020): $655,502
Year Land Value Improved Value Assessed Value
2020 $327,751 $327,751 $655,502

Home Value Compared to the Market

This property vs the competition

537 S Catalina St sold on June 16, 2022 for 202.52% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $358.57 per/sqft which puts the price per square foot 52.51% lower than the current median sale per square foot for the city of Los Angeles.

About 537 S Catalina St

Detailed summary of property

537 S Catalina St is a multi family that recently sold in Los Angeles, CA 90020. This multi family property offered 10 bedrooms, 15 bathrooms, roughly 10,040 living square feet, and sits on an approximately 13,053 square foot lot. 537 S Catalina St was first listed on ArdentRealEstateGroup.com on November 8, 2021. The homeowner sold the property for $3,250,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 202.52% higher than the current median priced home. Local homes that are currently for sale include 326 S Wilton Pl, 2730 Council St and 3522 Bellevue Ave. While the average home in Los Angeles, CA is selling in 96 days, 537 S Catalina St has a days on market of 36 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 537 S Catalina St Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 537 S Catalina St

Public county record property details
Beds
10
Baths
16
Year built
1948
Sq. Ft.
10,040
Lot Size
13,052
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5502-021-013

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$658
Median Sold Price
$520,000
Median Sold Price/Sq.Ft.
$702
Total Inventory
48
Median Sale to List Price %
104%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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Related Resources to 537 S Catalina St

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.