An exceptional opportunity in the heart of Koreatown, one of Los Angeles’ most vibrant and supply-constrained rental markets. This triplex sits on a 9,024 SF lot and offers two compelling paths: immediate income generation through rental or redevelopment into a fully RTI-approved 46-unit, 100% affordable housing project. The existing 3,771 SF structure is delivered vacant, allowing an investor to lease and generate high cash flow in the near term or proceed directly with construction. The approved plans significantly reduce entitlement risk and accelerate timelines for developers seeking a shovel-ready project. Located near major employment hubs, transit, dining, and retail, the property benefits from strong rental demand and long-term growth fundamentals. An ideal opportunity for investors and developers looking for either stable cash flow or a high-density affordable housing development in a prime Los Angeles location.
MLS #
CRSR25093860
MLS Source
California Regional MLS
Days on Site
257
Cooling
Central Forced Air
Garage/Parking
Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
144 S Catalina St is a Residential Income in Los Angeles, CA 90004. This – square foot property sits on a 9,024 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,990,000 and was built in 1921. This address can also be written as 144 S Catalina St, Los Angeles, CA 90004.
©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of January 07, 2026. For the most current information, please contact Rana Khanjani