I am pleased to offer for sale a nine unit apartment community located at 221-223 North Catalina Street. The subject property is located in Koreatown just south of Beverly Boulevard between Normandie Avenue and Vermont Avenue. Situated on a 7,407 square foot lot, zoned R3in a Tier 3 TOC, 221-223 North Catalina Street consists of seven one-bedroom units and two two bedroom units. Constructed in 1958, the subject property is separately metered for electricity and gas and features on-site parking for tenants. The building will be delivered 89% vacant, offering an excellent opportunity for an astute investor to immediately enhance the asset through exterior and interior renovations without the risk or hassle of relocating tenants.
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