Property Detail

144 Catalina

Los Angeles CA 90004

$1,895,000

Status: Active

Property Details

Description

PERMITS FULLY PAID | ED1 APPROVED | SHOVEL READY | DELIVERED VACANT Exceptional development opportunity in the heart of Koreatown. 9,024 SF R3-zoned lot with an existing vacant triplex and RTI permits fully delivered for a 46-unit ED1 project with an approved covenant in place. Permits include 2 two-bedroom units, 36 one-bedroom units, and 8 studios, totaling approximately 15,703 SF of rentable space and 20,510 SF of gross building area. No parking required, significantly reducing construction costs and timelines. Located in a high-demand, transit-accessible area near Metro lines, major employers, and vibrant dining and retail, making this an ideal project for long-term hold or build-to-sell with strong income potential and value appreciation. Renderings may not entirely reflect final plans. The OM and proforma will be delivered upon interest.

Map Location

Listing provided courtesy of Rana Khanjani of Sync Brokerage. Last updated . Listing information © 2025 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

Megan Root

Megan Root

CA DRE# 01351843
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