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    1315 S Catalina St

    Los Angeles, CA 90006
    • $2,190,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 21-783686
    UPDATED: 41 min ago
    $2,190,000
    • 15
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,258
      SQFT
    • $417
      $/SQFT
    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 the Combined LA/Westside Multiple Listing Service as of 2021-09-24T09:42:33.457. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/121422242
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    1315 S Catalina St Los Angeles, CA 90006

    • Price: $2,190,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 21-783686
    15
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,258
    SQFT
    $417
    $/SQFT
    1903
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    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

    Lot Size Area 6803 Other Structures None Parking Garage None Total Parking 0

    Interior Features

    Baths Total 8.00 Cooling Air ConditioningWall/WindowWall Unit(S) Equipment None Heating WallForced Air

    Property Features

    Assessed Total Value 979000 Entry Floor Number 1 Gross Income 175548 Gross Operating Income 175548 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 2 Like Units5 2 Net Operating Income 124450.00 Number Of Buildings 2 Number Of Units 7 Sale Type Standard Source Living Area Title Company Source Lot Size Area Assessor Total Annual Expense 51098 Type Of Units Apartments Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Peter Strauss DRE#01335696 of Iconic Investments.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-24T09:42:33.457. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253