351 Catalina

Los Angeles, CA, 90020

For Sale $2,195,000

0.13acre

Shen Schulz (310) 980-8809shen@shenrealty.com

Stabilized at a 6.26% cap, this fully renovated four-unit property in the heart of Koreatown offers strong in-place income with optional vacancy at close for owner-user or house-hack execution. The asset generates approximately $160,800 in annual gross rental income and operates at a 14.2 GRM on current performance. Tenants pay 100% of utilities with separate gas and electrical meters and individual water heaters, supporting efficient operating margins and durable cash flow. The property has undergone an extensive redevelopment delivering a near–new construction experience, including upgraded systems, modern interiors, and durable finishes throughout. Unit layouts are well sized and designed to support long-term tenant demand. Situated on a corner lot with exceptional walkability and close proximity to Wilshire Boulevard, transit, and major employment centers, the asset is well suited for investors seeking immediate cash flow with limited management risk or buyers looking to occupy one unit while preserving income.

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Listed by:

Michael Onyemaobi with Compass

(310) 230-5478

Ryan Smagacz with Real Broker

(855) 450-0442

351 Catalina is a Residential Income Quadruplex property located in Los Angeles, California, featuring a 0.126 acre lot, MLS #SW26028792.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2026-02-09 02:34:39