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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2026 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. LISTING DATA REFRESHED ON MAR 19 2026 AT 2:17 AM.

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351 S Catalina

los angeles, CA 90020

$2,099,000

    Interested? Let's Connect

    THIS IS BASICALLY A NEW CONSTRUCTION. ABSOLUTELY EVERYTHING INSIDE & OUT OF THIS PROPERTY HAS BEEN RENOVATED TO BRAND NEW!

    Fully Renovated, Turnkey 4-Unit in Prime Koreatown

    An exceptional, hassle-free multifamily investment in one of Los Angeles’ most desirable neighborhoods. This fully modernized four-unit property has been upgraded from top to bottom—no deferred maintenance, no guesswork.

    Unit Mix
    (2) 3 Bed / 2 Bath
    (1) 2 Bed / 2 Bath
    (1) 2 Bed / 1 Bath
    One 3 Bed / 2 Bath can be delivered vacant at COE
    Upper units feature 10-foot ceilings

    Complete Renovation Highlights
    Infrastructure: New sewer & water lines, water heaters, full electrical upgrade, and 4 onsite EV chargers
    Interiors: In-unit washer/dryer, brand new stainless steel appliances, dishwashers, energy-efficient central HVAC, every wall has new insulation, CAT6 ethernet in every room
    Finishes: Matte black shaker cabinets, quartz countertops, stainless steel appliances, LVP flooring, new doors, drywall, baseboards paint, and blinds
    Bathrooms: 7 fully rebuilt bathrooms with micro-cement walk-in showers & tubs, new vanities, toilets, and brushed gold fixtures
    Exterior: Motorized security gate, roof repairs, 33 new black Milgard double-pane windows, updated & maintained landscaping

    Property Highlights
    -2 driveways with 12 off-street parking spaces
    -Schlage keyless entry for building and units
    -Nest smart thermostats
    -Brand new stainless appliances in every unit
    -$160,800 annual rental income
    -6% cap rate | 14.2 GRM
    -Tenants pay 100% of utilities (separate gas meters, electrical meters, and water heaters)
    -Walk Score: 92

    Additional Notes
    Photos are virtually staged. Do not disturb tenants. Listing agent holds ownership interest.

    Details

    3,624 Sq Ft

    5,488 Sq Ft Lot Size

    investment

    Built in 1921

    MLS/Listing ID DW26012688

    4 Units

    Amenities & Features

    Gas Range

    Microwave

    Refrigerator

    Washer

    Double Pane Windows

    Parking - Assigned

    Parking - Off Street

    Parking - On Site

    Lot - Near Public Transit

    Raised

    Vinyl

    Excellent Condition

    Rain Gutters

    Cooling - Central Air

    Community - Curbs

    Community - Gutters

    Community - Sidewalks

    Community - Storm Drains

    Style - Spanish

    Dishwasher

    Water Heater

    Gas Oven

    Freezer

    Free-standing Range

    Dryer

    Disposal

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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    Interested In 351 S Catalina?