109 S Catalina Street, Los Angeles, California 90004, Los Angeles, 90004 - bed, bath
109 S Catalina Street
Los Angeles, California 90004
Property Price
SUMMARY
Analysis of 109 S Catalina Street, Los Angeles, California 90004 is currently available with a list price of $1,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1921, this century-old quadruplex is functional and fully occupied but shows clear signs of aging infrastructure. The listing's emphasis on 'significant rental upside' and 'very low current rents' strongly indicates that the kitchens, bathrooms, and interior finishes are outdated and have not undergone major renovations in several decades. While the exterior appears maintained, the property likely requires modernization of systems and interiors to meet contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The expansive 8,529 sqft lot offers a significant opportunity for ADU additions, allowing investors to increase density and maximize the property's long-term value.
- Strategic Location
Centrally located in the high-demand Mid-Wilshire and Koreatown areas, the property provides excellent proximity to downtown LA, public transportation, and popular dining hotspots.
- Significant Rental Upside
With current rents significantly below market rates and a history of low vacancy, there is substantial room for income growth through strategic management and unit turnover.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5540, other record living area = 5400.
- Aging Infrastructure
Built in 1921, the property likely requires substantial capital expenditures for maintenance, structural repairs, or system upgrades to meet modern standards.
- Immediate Cash Flow Constraints
The presence of long-term tenants at below-market rents may limit immediate net operating income and slow the realization of the property's full financial potential.
About 109 S Catalina Street
Centrally located in Mid-Wilshire and Koreatown areas. It is a four-unit complex of 2 bedrooms and 1 bath each. It is a perfect investment with a big lot and potential for ADU'S addition. Very low vacancy, minutes away from the freeway and downtown LA. near to local hotspots, dining, and public transportation, offering tenants comfort and accessibility. Long term and cooperative tenants. Four garages and ample parking area in back for tenants and guests. A high demand rental area. A lot of potential for rent increase as current rents are very low compared to market rent.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1921
- Lot Size
- 8,529 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,540 | 3,423 | 75% |
| Lot Size | 8,529 | 7,556 | 75% |
| Price | $1.60M | $1.29M | 75% |
| Price per sq ft | $289 | $307 | 25% |
| Built year | 1921 | 1922 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 108 | 50% |
Pricing History
Listed for Sale
Mar 2, 2026
$1,600,000
Initial Listing