1207 S Catalina Street, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath

1207 S Catalina Street
Los Angeles, California 90006
Property Price
SUMMARY
Analysis of 1207 S Catalina Street, Los Angeles, California 90006 is currently available with a list price of $2,000,000. 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 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.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
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.
- Enhanced Security & Parking
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.
- Flexible Financing Options
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.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1962, the building may require more frequent maintenance or future capital improvements to aging systems compared to modern developments.
- Average School Ratings
While centrally located, many of the assigned local schools carry lower performance ratings, which could limit the property's appeal to education-focused families.
About 1207 S Catalina Street
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. Seller very motivated and will entertain all offers. Seller willing to carry financing for buyer.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1962
- Lot Size
- 5,914 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mariposa-Nabi Primary Center
Grades K-2 • 0.4 mi
Leo Politi Elementary School
Grades K-5 • 0.5 mi
Magnolia Avenue Elementary School
Grades K-6 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,911 | 3,737.5 | 50% |
| Lot Size | 5,914 | 5,909.5 | 50% |
| Price | $2.00M | $1.54M | 50% |
| Price per sq ft | $511 | $407 | 50% |
| Built year | 1962 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 150 | 50% |
Pricing History
Listed for Sale
Jan 20, 2026
$2,000,000
Initial Listing
Sold
Aug 23, 2016
$1,090,000
Public Record

















