165 Catalina is a charming 4plex in the heart of the City with incredible opportunities paralleled with low interest residential property financing, an extremely tight inventory, and passage of new ADU laws prime this property for immense upside. With so many exit strategies, the right Buyer can preserve the value of subject property. Our property features large 902 SF units and sits on an oversized 8309 SF lot with R3 zoning, surrounded by mature trees and newly constructed apartments, Co-living, and condominiums. Neighborhood consistently benefits with Tons of new developments in the area from the growth of East Hollywood and given our property’s close proximity to an abundance of wealth in Hancock Park, Silverlake, Larchmont, and Vermont Blvd in Koreatown. The property sits on an attractive frontage of 57 FT x 146 FT on flat land with over 8 tandem parking spaces and a 4 car garage. Existing 4plex with month to month tenants producing $3,400/mo. Plenty of amenities along 3rd St and Vermont Ave and public/private funded new developments. Subject property sits North of Wilshire Blvd in the OPPORTUNITY ZONE and is easily accessible by the 101 Fwy and 10 Fwy. This is an AS-IS sale delivered with tenants in place. Cross-listed as Land Read More

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