1207 S Catalina Street, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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Los Angeles, California 90006
This Multi-Unit Residential Asset is listed at $1,700,000, positioned accurately at its $1,696,157 Fair Market Value. The property is a Gated Six-Unit Building featuring a Condition Rating of 4, indicating well-maintained vintage interiors with significant value-add potential for increased ROI. Boasting On-Site Parking and a prime Koreatown Proximity, the asset benefits from consistent tenant demand near USC and DTLA. With a highly motivated seller offering seller-carry financing, this stable property is an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists seeking a high-demand urban portfolio addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1207 S Catalina Street Subject | $1,700,000* List Price | 0 | 0 | 3,911 | $434 | - |
A 1424 S Catalina Active | $1,675,000 List Price | 0 | 0 | 5,294 | $316 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this 6-unit building is well-maintained but reflects its age with mostly original or older updates. The kitchens feature dated tile countertops and basic, non-stainless appliances, while the bathrooms and light fixtures show older styles. While the property appears clean and functional with some laminate flooring updates, it lacks the comprehensive modern renovation required for a higher score.
Situated just south of Koreatown and near DTLA and USC, the property benefits from high tenant demand driven by proximity to major employment hubs, dining, and nightlife.
The property features a fully gated perimeter and six on-site parking spaces, a rare and highly desirable amenity in this dense, walkable urban neighborhood.
The seller is highly motivated and willing to offer seller-carry financing, providing a significant advantage for buyers seeking creative or more accessible funding solutions.
Built in 1962, the building may require more frequent maintenance or future capital improvements to aging systems compared to modern developments.
While centrally located, many of the assigned local schools carry lower performance ratings, which could limit the property's appeal to education-focused families.
PRICE REDUCTION!!! Centrally located just south of Koreatown, this 6-unit, two-story building comprises of four 1-bedroom/1-bath units and two 2-bedroom/1-bath units, offering an appealing unit mix well suited for both working professionals and small families. The property features an on-site laundry room for tenant convenience (2 washer/2 dryers, no lease on appliances), is separately metered, and provides six on-site parking spaces. The property is fully gated, with the carport located within the gated perimeter, providing enhanced security for tenants and their vehicles, an uncommon and highly desirable amenity in this walkable urban neighborhood. The property attracts strong tenant demand given its close proximity to Downtown LA, USC, major employment centers, Koreatown’s popular dining and nightlife, and Berendo Middle School located just around the corner, further enhancing its rentability. The location also offers excellent connectivity via the 10 and 110 freeways and multiple Metro bus and rail lines, providing convenient access throughout the city. Bring all offers. Seller is highly motivated and will entertain all offers.
No exterior & parking available.
Grades K-2 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,911 | 3,737.5 | 50% |
| Lot Size | 5,914 | 5,909.5 | 50% |
| Price | $1.70M | $1.39M | 50% |
| Price per sq ft | $435 | $369 | 50% |
| Built year | 1962 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 243 | 50% |
Apr 24, 2026
$1,700,000
$1,900,000
-11% Price Drop
Initial Listing
Mar 25, 2026
$1,900,000
$2,000,000
-5% Price Drop
Initial Listing
Jan 20, 2026
$2,000,000
Initial Listing
Aug 23, 2016
$1,090,000
Public Record