Los Angeles, CA 90006 1330 S Catalina Street
$1,750,000
4 more
Presented By: William James with Lyon Stahl Investment Real Estate, Inc.;
Beds • 11
Baths • 9
SQFT • 4,608
Year Built • 1901
Home Details
1330 S. Catalina St. is a renovated apartment building consisting of two structures on a single lot. The front building features four two-bedroom, two bathroom units, with units 1330, 1332, and 1336 operating as individual bedroom rentals, while unit 1332 is leased to a single tenant. At the rear of the property, a three-bedroom, one-bathroom home offers individually rented bedrooms, maximizing rental income potential. The property presents a compelling investment opportunity, particularly in light of impending stricter rent control regulations. With strong rental income ($152,383/year) in place, a new investor can avoid legacy tenants and below market rent. The property has undergone extensive interior and exterior renovations, ensuring modernizing living spaces and long-term value. Additionally, the electrical system has been upgraded, improving safety and facilitating insurance coverage. The property is fully secured, offering controlled ingress and egress at both the front and rear, enhancing privacy and convenience for tenants.
Presented By: William James with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 1330 S Catalina Street
Bedrooms
Total Bedrooms11
Bathrooms
Half Baths0
Total Baths9
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
LivingAreaSourceOther
Total Stories2
Other Rooms
Entry Level1
General for 1330 S Catalina Street
Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator
Architectural StyleCraftsman
Attached Garage No
Cap Rate6.0
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
Construction MaterialsWoodSiding
CoolingWallWindowUnits
CountyLos Angeles
DirectionsExit Vermont heading North from the 10 fwy. Subject property is located 3 blocks West on Catalina St. between Venice and Pico Blvd.
Electric On Property Y/NNo
Entry LocationGround Level w/steps
Facing DirectionWest
Full Baths
Garage Spaces0.0
Garage Y/NNo
Gross Income152383.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet6807.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income103341.0
New ConstructionNo
Number Of Units Total11
Occupancy TypeTenant
Open Parking Spaces9.0
Pool FeaturesNone
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, SecurityGate, GatedCommunity, SmokeDetectors
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas
ViewCityLights
Year Built1901
ZoningLAR3
Exterior for 1330 S Catalina Street
Building Area Total4608.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1563
Lot Size Area6807.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking9.0
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
