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426 S Catalina StreetLos Angeles, CA 90020

For Sale

$1,899,000

Smart Buyer Rebate $18,990

Exceptional investment, owner-user, and redevelopment opportunity in the heart of Koreatown. This well-maintained 4-unit multifamily property is situated on a large lot in one of Los Angeles' strongest rental submarkets, offering immediate income with significant long-term upside. Ideal for investors seeking value-add potential, developers exploring future redevelopment opportunities, or owner-users looking to occupy a unit while benefiting from rental income.The property is centrally located near Wilshire Boulevard, Downtown Los Angeles, Hollywood, major employment centers, shopping, dining, entertainment, and public transportation. Conceptual redevelopment renderings are included in the listing photos to illustrate potential future development possibilities. Buyers are advised to conduct their own investigations regarding zoning, density, redevelopment potential, and all future use options.A rare opportunity to acquire a versatile asset in a high-demand location with multiple paths to create value. Please do not disturb tenants.

Listed by Keyvan Moradian

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License #01926553

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Moradian Enterprises, Inc.

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310-760-6978

Last updated June 12, 2026

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Source: CRMLS #26846833

Listing Facts

  • TypeMulti-family
  • NeighborhoodSchmidt Heights
  • Bedrooms8
  • Days on Prevu4
  • Size5,506 sqft
  • Price per sqft$345

Amenities

  • Parking

Location

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Listing History

06/12/2026
Listed by Moradian Enterprises, Inc.
$1,899,000

Property Details for 426 S Catalina Street

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1921

Measurements

  • Building Area Total: 5,506
  • Lot Size Acres: 0.20
  • Lot Size Area: 8,945
  • Lot Size Square Feet: 8,945
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.63
  • Gross Income: $85,543.00

Taxes

  • Parcel Number: 5502011004

Interior

Measurements

  • Living Area: 5,506

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 8

Parking

Parking

  • Parking Features: Driveway
  • Parking Total: 4

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 8 bedrooms in this multi-family home at 426 S Catalina Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 426 S Catalina Street.

How does 426 S Catalina Street compare to other multi-family homes in Schmidt Heights?

This multi-family home is listed 55% below the average price for multi-family homes in Schmidt Heights and has been on the market for 103 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,506 sqft.

426 S Catalina Street is a 8-bedroom multi-family home for sale in Los Angeles CA 90020. Listed on Prevu for 4 days at $1,899,000. This residence features 5,506 square feet of living space, located in Los Angeles. The median listing price for multi-family homes in this area is $4,250,000. The home offers parking. Explore more 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.