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
Lot/land
Listing Provided by:
Rana Khanjani DRE #02021891 818-723-9071,
Sync Brokerage
$2,300,000
144 S Catalina St LOT 15, Los Angeles, CA 90004
--beds
--baths
9,024Square Feet
Unimproved Land
Built in ----
9,024 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 29 days
- on Zillow |
- 38 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 12:14pm
Listing Provided by:
Rana Khanjani DRE #02021891 818-723-9071,
Sync Brokerage
Source: CRMLS,MLS#: SR25079690
Originating MLS: California Regional MLS

Travel times
Facts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,024 Square Feet
- Features: Back Yard
Details
- Parcel number: 5518023004
- Zoning: LAR3
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Curbs
HOA
- Has HOA: No
Location
- Region: Los Angeles
Financial & listing details
- Date on market: 4/25/2025
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