917 S Catalina , Los Angeles, CA 90006
$1,350,000
Est. Payment: $7,094.83/mo
10 Bed
10 Bath
3972 Sqft
0.15 Acres
Status: active | Days on site: 2
Get Pre-Qualified
G7207 - GD85090
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

We are pleased present 917 S. Catalina Street, an attractive five-unit multifamily investment opportunity with all 2-bedroom and 2-bathroom units. Situated in the heart of Los Angeles' vibrant Koreatown neighborhood. Built in 1988, the property offers an appealing combination of existing rental income, spacious unit configurations, and immediate value-add potential through the lease-up of one vacant unit. Situated on an approximately 6,567-square-foot lot, the two-story property comprises approximately 3,972 square feet of building area and features five generously sized two-bedroom, one-and-a-half-bathroom units. The property's desirable unit mix, practical layouts, and central location make it an appealing investment for buyers seeking stable rental income with opportunities to enhance overall performance. Currently 80% occupied, with four of the five units leased, the property generates approximately $100,824 in annual scheduled rental income, representing a 4.53% current capitalization rate. The vacant fifth unit offers an immediate opportunity to increase revenue without relying on the turnover of existing tenants. At projected market rents, annual scheduled income increases to approximately $127,824, supporting a 6.15% pro forma capitalization rate, based on estimated operating expenses and a 3% vacancy allowance. Located in a well-established residential pocket of Koreatown, the property benefits from its proximity to Downtown Los Angeles, Wilshire Boulevard, major employment centers, restaurants, shopping, entertainment, and public transportation. The surrounding neighborhood features a blend of established multifamily buildings, residential communities, and neighborhood-serving businesses, contributing to the area's continued appeal among renters seeking convenient access to Central Los Angeles. With its 1988 construction, five desirable two-bedroom units, existing income, and immediate lease-up potential, 917 S. Catalina Street presents a compelling opportunity for investors seeking a well-located multifamily asset with both current cash flow and meaningful potential for increased rental income.

Highlights

Listed by Kirk Garabedian , 818-298-8810 Keller Williams R. E. Services , 818-432-3200. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1988

County

Los Angeles

Area

C17 - Mid-Wilshire

Listing ID

GD26237013

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:10
  • ▪ Bathrooms:10
Water:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:8
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$7,095
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,094.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,094.83 $860.63 $0.00 $7,955.46
Yearly $85,137.97 $10,327.50 $0.00 $95,465.47
Total $2,554,139.23 $309,825.00 $0.00 $2,863,964.23

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Nov 2026

Average Price

All Price Ranges
N/A
Nov 2026

Average Days on Market

All Price Ranges
N/A
Nov 2026
Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T01:31:48.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS