351 S Catalina Los Angeles, CA 90020
5,488 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26012688
HOA Y/N No
Year Built 1921
Lot Size 5,488 Sqft
Property Sub-Type Quadruplex
Property Description
An exceptional, hassle-free multifamily investment in one of Los Angeles' most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork.
Unit Mix
(2) 3 Bed / 2 Bath
(1) 2 Bed / 2 Bath
(1) 2 Bed / 1 Bath
One 3 Bed / 2 Bath can be delivered vacant at COE
Upper units feature 10-foot ceilings
Complete Renovation Highlights
Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers
Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, CAT6 ethernet in every room
Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds
Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures
Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping
Property Highlights
-2 driveways with 12 off-street parking spaces
-Schlage keyless entry for building and units
-Nest smart thermostats
-Brand new stainless
-$160,800 annual rental income
-Nearly 6% cap rate | 14.2 GRM
-Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters)
-Walk Score: 92
Additional Notes
Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
Exterior
Exterior Feature Rain Gutters
Parking Features Assigned, On Site, Off Street
Fence Excellent Condition
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Elastomeric
Total Parking Spaces 12
Private Pool No
Building
Lot Description Near Public Transit
Story 2
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
New Construction No
Others
Senior Community No
Tax ID 5502005010
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
