144 S Catalina St Los Angeles, CA 90004
Koreatown NeighborhoodEstimated payment $13,000/month
Highlights
- No HOA
- Neighborhood Views
- Back Yard
About This Lot
Prime Koreatown development opportunity with RTI permits fully delivered for a 46-unit affordable housing developement. The 9,024 SF R3-zoned lot is approved for 2 two-bedroom, 36 one-bedroom units and 8 studios, totaling approx. 15,703 SF of rentable space and 20,510 SF of gross building area. Projected monthly income is approx. $109,072 based on HACLA Section 8 rents. Located in a high-demand, transit-accessible area near Metro lines, major employers, and endless dining and retail. Strong potential for long-term cash flow and value appreciation
Listing Agent
Sync Brokerage Brokerage Phone: 818-723-9071 License #02021891 Listed on: 04/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $15,352
Lot Details
- 9,024 Sq Ft Lot
- Back Yard
- Property is zoned LAR3
Property Views
- Neighborhood Views
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 5518023004
- $653 per year additional tax assessments
- Seller Considering Concessions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,352 | $1,397,293 | $1,264,281 | $133,012 |
| 2024 | $15,352 | $1,225,578 | $1,107,956 | $117,622 |
| 2023 | $15,064 | $1,201,548 | $1,086,232 | $115,316 |
| 2022 | $10,859 | $875,981 | $669,868 | $206,113 |
| 2021 | $11,561 | $858,806 | $656,734 | $202,072 |
| 2020 | $10,814 | $850,000 | $650,000 | $200,000 |
| 2019 | $8,423 | $665,000 | $640,000 | $25,000 |
| 2018 | $1,523 | $89,370 | $69,361 | $20,009 |
| 2016 | $1,422 | $85,901 | $66,668 | $19,233 |
| 2015 | $1,407 | $84,612 | $65,667 | $18,945 |
| 2014 | $1,436 | $82,955 | $64,381 | $18,574 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | Price Changed | $2,200,000 | -4.3% | -- |
| 04/25/2025 04/25/25 | For Sale | $2,300,000 | 0.0% | -- |
| 04/10/2025 04/10/25 | Off Market | $2,300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $700,000 | Provident Title | |
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Grant Deed | -- | Provident Title | |
| Interfamily Deed Transfer | -- | North American Title | |
| Grant Deed | $850,000 | North American Title | |
| Grant Deed | $1,600,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Quit Claim Deed | -- | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $747,500 | New Conventional | |
| Previous Owner | $425,000 | New Conventional | |
| Previous Owner | $1,150,000 | Commercial | |
| Previous Owner | $1,150,000 | Commercial | |
| Previous Owner | $675,000 | Purchase Money Mortgage | |
| Previous Owner | $675,000 | Purchase Money Mortgage | |
| Previous Owner | $192,500 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25079690
APN: 5518-023-004
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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