144 S Catalina, Los Angeles, CA 90004
144 S Catalina, Los Angeles, CA 90004
144 S Catalina, Los Angeles, CA 90004
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$1,895,000
Est. payment /mo
9,025 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26068419

HOA Y/N No

Lot Size 9,025 Sqft

Property Description

PERMITS FULLY PAID | ED1 APPROVED | SHOVEL READY | DELIVERED VACANT | Rana Khanjani with Sync Brokerage is proud to present this 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.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning R3

Interior

Fireplace No

Exterior

Community Features Street Lights

View Y/N Yes

View Neighborhood

Building

Water Public

New Construction No

Others

Senior Community No

Tax ID 5518023004

Acceptable Financing Cash, Owner May Carry, Private Financing Available

Listing Terms Cash, Owner May Carry, Private Financing Available

Special Listing Condition Standard

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Listed by Rana Khanjani Sync Brokerage 818-723-9071, DRE #02021891

NEARBY SCHOOL & BUSINESS

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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent License ID: 01451888

Agent License ID: 01451888

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