1228 S Catalina Street, Los Angeles, CA 90006

• 4 beds
• 2,352 sqft

Property Description

1228-1230 S Catalina Street presents a rare LAR3 multifamily investment which owner can occupy and redevelopment opportunity in the heart of Koreatown, one of Los Angeles' most supply-constrained and transit-oriented rental submarkets. The property sits on an approximately 0.135 AC lot and is currently improved with a well-maintained duplex, each approximately 1,200 SF with 2 bedrooms and 2 bathrooms; one of the bathroom is not permitted, offering immediate in-place income from one unit and long-term redevelopment flexibility. One unit will be delivered vacant. Originally constructed in 1910, the property retains desirable period character, including original Art Deco fireplaces and Craftsman cabinetry, while benefiting from meaningful capital improvements such as updated electrical systems, copper plumbing, and energy-efficient tankless water heaters. Kitchens have been upgraded with ceramic tile flooring and granite countertops, positioning the asset well for continued rental performance during a hold period. The site is significantly underutilized relative to its LAR3 zoning, creating clear upside for a future multifamily redevelopment. R3 zoning allows for higher residential density, with additional potential to increase unit count through State Density Bonus, SB 423 streamli

Listing Status:

Active

Date Added:

February 2, 2026

Data Last Updated:

February 7, 2026 at 9:08PM

Listing Office:

Redpoint Realty : 213-380-1500

Listing Agent:

Arthur Yoon : 213-800-2969

MLS ID:

CL26643939

Interior

• Laundry: DryerWasher
• A/C: Wall/Window Unit(s)
• Heating: Floor Furnace

Exterior

• Parking: OtherPrivateUncovered Parking Space

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR35078030020
• View: None

Financial

• Source: CRMLS