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.
AGENT: Keyvan Moradian LISTING BROKERAGE: Moradian Enterprises, Inc.
Courtesy of Moradian Enterprises, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 426 S Catalina ST
Los Angeles, CA
Property Details
Price:
$1,899,000
MLS #:
26846833
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Jun 12, 2026
Finished Sq Ft:
5,506
Total Sq Ft:
5,506
Lot Size:
8,945 sqft / 0.21 acres (approx)
Year Built:
1921
C17 – Mid-wilshireC17midwilshire
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Schools
Interior
Cooling
NO
Heating
WL
Levels
U
Exterior
Parking Spots
4
Parking Total
4
Financial
Gross Operating Income
$85,543
Net Operating Income
$49,879
Map
Community
- Address426 S Catalina ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90020
