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351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
351 S Catalina, Los Angeles CA 90020
California>Los Angeles>Schmidt Heights

351 S CatalinaLos Angeles, CA 90020

For Sale

$2,195,000

Smart Buyer Rebate $21,950

Fully Renovated, Turnkey 4-Unit in Prime Koreatown

An exceptional, hassle-free multifamily investment in one of Los Angeles’ most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork.

Unit Mix
(2) 3 Bed / 2 Bath
(1) 2 Bed / 2 Bath
(1) 2 Bed / 1 Bath
One 3 Bed / 2 Bath can be delivered vacant at COE
Upper units feature 10-foot ceilings

Complete Renovation Highlights
Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers
Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, CAT6 ethernet in every room
Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds
Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures
Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping

Property Highlights
-2 driveways with 12 off-street parking spaces
-Schlage keyless entry for building and units
-Nest smart thermostats
-Brand new stainless
-$160,800 annual rental income
-Nearly 6% cap rate | 14.2 GRM
-Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters)
-Walk Score: 92

Additional Notes
Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.

Listed by Ryan Smagacz

·

License #02126879

·

Real Broker

·

951-296-8095

Last updated January 29, 2026

·

Source: CRMLS #DW26012688

Listing Facts

  • TypeMulti-family
  • NeighborhoodSchmidt Heights
  • Days on Prevu13

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

01/29/2026
Price Decreased
$2,195,000
01/28/2026
Price Decreased
$2,249,000
01/18/2026
Listed by Real Broker
$2,295,000

Property Details for 351 S Catalina

Association

Amenities

  • Community Features: Curbs, Gutter(s), Storm Drain(s), Sidewalks

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Roof: Elastomeric
  • Stories Total: 2
  • Window Features: Double Pane Windows
  • Year Built: 1921
  • Architectural Style: Spanish
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front
  • Exterior Features: Rain Gutters

Features

  • Fencing: Excellent Condition

Measurements

  • Building Area Total: 3,624
  • Building Area Units: Square Feet
  • Lot Features: Near Public Transit
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,488
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,488
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $160,800.00
  • Operating Expense: $23,325.00

Taxes

  • Parcel Number: 5502005010

Interior

Features

  • Appliances: Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater, Dryer, Washer
  • Flooring: Vinyl

Other

Location

  • Tax Lot: 13

Parking

Parking

  • Open Parking Spaces: 12
  • Parking Features: Assigned, On Site, Off Street
  • Parking Total: 12

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 351 S Catalina.

Does this multi-family home have parking?

Yes, there are 12 parking spaces available for 351 S Catalina.

How does 351 S Catalina compare to other multi-family homes in Schmidt Heights?

This multi-family home is listed 48% below the average price for multi-family homes in Schmidt Heights and has been on the market for 94 less days than the typical home in this area.

351 S Catalina is a -bedroom multi-family home for sale in Los Angeles CA 90020. On Prevu for 13 days at $2,195,000. This includes a recent price decrease of $54,000. This home is located in Los Angeles. The median listing price for multi-family homes in this area is $4,250,000. Additional amenities include dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.