John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

351 S Catalina StreetLos Angeles, CA 90020

Multi-Family · 3,624 Sq. ft. | 0.13 Acres
$1,995,000 Active

351 S Catalina Street Overview

Time on Site:
30 days
Visits:
0

AS CLOSE TO A NEW CONSTRUCTION YOU WILL GET! Fully Renovated, Turnkey 4-Unit in Prime Koreatown 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 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, every wall has new insulation, 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 appliances in every unit -$160,800 annual rental income -6.26% 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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

351 S Catalina Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,624
  • Price/Sq.ft. $550
  • Lot 0.13 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Gross Income: 160800.0
  • Gross Scheduled Income: 160800.0
  • Insurance Expense: 3500.0
  • Net Operating Income: 133756.0
  • New Taxes Expense: 23544.0
  • Operating Expense: 27044.0

Building Information

  • New Construction: No
  • Year Built: 1921

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C17 - Mid-Wilshire
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Curbs,Gutter(s),Storm Drain(s),Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities,Electricity,Gas

General Information

  • Listing Terms: Cash,Conventional,Cal Vet Loan,1031 Exchange,FHA,VA Loan
  • Parcel Number: 5502005010
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 3624.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Dishwasher,Free-Standing Range,Freezer,Disposal,Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater,Dryer,Washer
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Foundation Details: Raised
  • Security Features: Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
  • Stories Total: 2
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Open Parking Spaces: 12.0
  • Parking Features: Assigned,On Site,Off Street
  • Parking Total: 12.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Size Acres: 0.126
  • Lot Size Area: 5488.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5488.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Architectural Style: Spanish
  • Property Attached: Yes
  • Roof: Elastomeric

General Information

  • Exterior Features: Rain Gutters
  • Fencing: Excellent Condition
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

351 S Catalina Street Neighborhood

Community

90020 (Los Angeles) Demographics

36
Median Age
34,828
Population Density (per sq. mile)
50%
College Educated
$50,207
Estimated Median Income
1,599
Estimated Total Home Owners
15,465
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

351 S Catalina Street Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

351 S Catalina Street Market Data

Based on the last 30 days in this zip code

$1,752,810
Average List Price
$955
Average Price per Square Foot
6
Properties Sold
78
Average Days on Market
186
Properties for Sale
Calculations provided by Reliance Network

351 S Catalina Street History

Date Event Value Agent
5/30/2026Source: CRMLS Added to Database
May 30, 2026
Listing provided courtesy of Real BrokerRyan Smagacz- MLS# DW26117499MLS ProviderContact Information: 855-450-0442
Cookie Button: