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674 S Catalina StreetLos Angeles, CA 90005

For Sale

$3,400,000

Smart Buyer Rebate $34,000

Prime Koreatown LAR5-zoned property with Tier 3 TOC designation ideal for high-density multifamily, mixed-use, or future condo/hotel development. 11-unit income-producing building, fully occupied, generating $13,640.88/month in actual rents ($163,690.56 annually). Cap rate ~2% | GRM 23.82 this is a land-value and entitlement play, not a cash-flow asset. Flat 8,700 SF lot with potential for 26,000 buildable SF by right (buyer to verify).No Ellis Act or tenant buyouts completed developers maintain full control of exit or repositioning strategy. Subject to LA Rent Stabilization (RSO); Unit 3 currently rented at $394/month under RSO. Income can support carrying costs during planning or entitlement phases. Located just blocks from Wilshire Blvd, Metro stations, and major Koreatown projects. Rare offering in a dense, high-demand corridor with limited LAR5 inventory. Not currently RTI but the flat LAR5 lot and Tier 3 zoning make it a candidate for streamlined entitlement.

Listed by Beata Mandell

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License #01392993

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The Executive Realty Group

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310-701-3808

Listed by Zo Lakanwal

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License #02126194

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The Executive Realty Group

Last updated April 25, 2026

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Source: CRMLS #26747731

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire Center - Koreatown
  • Bedrooms12
  • Days on Prevu14
  • Size7,472 sqft
  • Price per sqft$455

Amenities

  • Parking

Location

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Listing History

04/17/2026
Listed by The Executive Realty Group
$3,400,000

Property Details for 674 S Catalina Street

Exterior

Construction

  • Number Of Units Total: 11
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1950

Measurements

  • Building Area Total: 7,472
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,702
  • Lot Size Dimensions: 60,145
  • Lot Size Square Feet: 8,702
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $16,369,056.00

Taxes

  • Parcel Number: 5094007015

Interior

Features

  • Appliances: Microwave, Refrigerator

Measurements

  • Living Area: 7,472

Rooms

  • Bathrooms Total Integer: 12
  • Bedrooms Total: 12

Parking

Parking

  • Parking Features: Driveway, Uncovered
  • Parking Total: 7

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 12 bedrooms in this multi-family home at 674 S Catalina Street.

Does this multi-family home have parking?

Yes, there are 7 parking spaces available for 674 S Catalina Street.

How does 674 S Catalina Street compare to other multi-family homes in Wilshire Center - Koreatown?

This multi-family home is listed 21% above the average price for multi-family homes in Wilshire Center - Koreatown and has been on the market for 80 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 7,472 sqft.

674 S Catalina Street is a 12-bedroom multi-family home for sale in Los Angeles CA 90005. Listed on Prevu for 14 days at $3,400,000. This home features 7,472 square feet of living space, located in Wilshire Center - Koreatown. The median listing price for multi-family homes in this area is $1,200,000. The home offers parking. 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.