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    1315 S Catalina Street

    Los Angeles (City), CA 90006
    • $2,190,000
    • STATUS: Active
    • ON SITE: 32 Days
    • ID#: 21783686
    UPDATED: 66 min ago
    $2,190,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1903
    County:

    School Ratings & Info

    Description

    Iconic Investments is pleased to offer for sale 1315 S. Catalina St., a 7-unit apartment building located in the Pico-Union submarket of Los Angeles. Built in 1908 with additional units added in 2012 & 2021, 3 of the 7 units are not subject to Los Angeles City RSO. The unit mix is 1 one-bed/one-bath, 5 two-bed/one-bath and 1 four-bed/two bath units. 4 of the 7 units have been recently updated with new hardwood floors, kitchen cabinets & countertops, bathrooms, fixtures, lighting, stainless steel appliances and split-system air conditioning/heating units. In addition, the other 3 units were newly constructed in 2012 & 2021 and new at that time. The property is individually metered for both gas and electric, and the tenants pay for trash. All units have individual water heaters. Unit numbers 5 & 6 were built in 2012 allowing for 10% annual rent increases.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T07:29:04.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
    www.therealestategirl.com/homes/121427144
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    1315 S Catalina Street Los Angeles (City), CA 90006

    • Price: $2,190,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 21783686
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1903
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Iconic Investments is pleased to offer for sale 1315 S. Catalina St., a 7-unit apartment building located in the Pico-Union submarket of Los Angeles. Built in 1908 with additional units added in 2012 & 2021, 3 of the 7 units are not subject to Los Angeles City RSO. The unit mix is 1 one-bed/one-bath, 5 two-bed/one-bath and 1 four-bed/two bath units. 4 of the 7 units have been recently updated with new hardwood floors, kitchen cabinets & countertops, bathrooms, fixtures, lighting, stainless steel appliances and split-system air conditioning/heating units. In addition, the other 3 units were newly constructed in 2012 & 2021 and new at that time. The property is individually metered for both gas and electric, and the tenants pay for trash. All units have individual water heaters. Unit numbers 5 & 6 were built in 2012 allowing for 10% annual rent increases.
    Exterior Features

    Parking Features None

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Forced AirWall Furnace Heating YN Yes

    Property Features

    Gross Income 175548 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 124450 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar3

    Listing provided courtesy of Peter Strauss of Iconic Investments and Adam Zunder of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-17T07:29:04.23. 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 deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
     
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