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  • 165 S Catalina Street

165 S Catalina Street, Los Angeles, CA 90004

$1,150,000 Approx. USD 4 beds, 4 baths
3,608 sqft

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Goossen / Neale Associates

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Julia Goossen REALTORĀ® - Sales Associate 818-730-6879 m
805-677-7300 o
Lic#: 02074790
NRDS ID: 211512971
juliagoossen@bhhscal.com
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Lic#: 02074790
NRDS ID: 211512971
juliagoossen@bhhscal.com
Ventura Office
789 S. Victoria Ave., Suite 100
Ventura, CA 93003
Phone: 805-677-7300
Fax: 805-644-8278
Ventura 789 S. Victoria Ave., Suite 100
Ventura, CA 93003
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Fax: 805-644-8278
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Daniel Withers | daniel.withers@matthews.com
Lic#: 01325901
Broker: Courtesy of Matthews Real Estate Investment Services
Phone: 818-923-6107

Agent Remarks

165 S Catalina Street presents a Koreatown multifamily investment and development opportunity delivered with RTI-approved plans to construct four additional units, allowing investors to immediately expand the property with minimal entitlement risk.The property sits on an 8,309-square-foot R3-zoned lot within a Transit-Oriented Communities (TOC) Tier 3 incentive area, creating a clear path for increased residential density near major transit. In addition to the approved expansion, the site is in close proximity to the Vermont/Wilshire Metro Station, positioning the property for potential future density increases under SB 79 Tier 1 transit proximity incentives once implemented.The existing improvements consist of a four-unit Tudor-style multifamily building totaling approximately 3,600 square feet, with average unit sizes around 900 square feet, providing flexibility for investors to reposition the existing units while planning for long-term development potential.Located within a designated Opportunity Zone, the property benefits from strong rental demand and proximity to neighborhood amenities including Wilshire Boulevard, Larchmont Village, Hancock Park, and Silver Lake, along with convenient access to the 101 and 10 Freeways.The property is being offered AS-IS with tenants in place, providing investors with current income while evaluating expansion or redevelopment strategies.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26659743
List price is $1,150,000 Reduced by $150,000 on 4/27/2026
Price: $1,150,000
Beds: 4
Baths: 4
Built in 1922
3,608 sqft
0.19 acres
Lot size: 0.1902
County: Los Angeles
Property style: Tudor
Zoning: LAR3
Parking description: Detached Carport,Driveway
Heating/cooling: None
Heating description: None
MLS area: C17 - Mid-Wilshire

Last Updated: 6/10/2026

 Days On Market (DOM): 110

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This listing belongs to the C17 - Mid-Wilshire MLS area

The style of this listing is Tudor.
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Lat/Long: 34.070957, -118.295778.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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