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1228 S Catalina Street, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath

1228 S Catalina Street, Los Angeles, California 90006 home-pic-0
ACTIVE$1,149,000
1228 S Catalina Street, Los Angeles, California 90006
0Bed
0Bath
4,800Sqft
5,906Lot
Year Built
1910
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$239
HOA
-
Days on market
-
Sold On
-
MLS number
SR25269819
Home ConditionFair
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $1.15M(50th), sqft - 4800(67th), beds - undefined(50th), baths - undefined(50th).

1228 S. Catalina Street offers two spacious and identical units, each approximately 1,200 square feet with two bedrooms and two bathrooms. Built in 1910, the property retains its original character from the art deco fire places, to the original craftsman cabinetry in dining rooms. This is all while benefiting from important system upgrades that support long term value and ease of ownership. Each kitchen features has been updated, ceramic tile flooring and granite countertops. Significant upgrades include updated electrical systems, copper plumbing and energy efficient tankless water heaters. The property sits on a 6000 square foot lot with R3 zoning. This provides potential for development of additional units or an ADU. Buyers should verify specific building options with the City of Los Angeles. The property also features a beautiful shared common area with a spacious yard, mature trees and ample room for tenants to relax outdoors. The grounds offer generous space to enjoy the year round Los Angeles weather, creating an inviting environment for both residents and guests. This asset is well suited for an owner user, income investor or developer seeking a centrally located property near Koreatown, public transit, dining and major Los Angeles amenities. Buyer to cooperate with a 1031 exchange at no cost to buyer. Property to be sold as is. Some interior photos reflect a prior vacancy to present the space without personal items. Current layout and core features remain unchanged.

Nearby schools

/10
Mariposa-Nabi Primary Center
Public,•K-2•0.4mi
3/10
Magnolia Avenue Elementary School
Public,•K-6•0.4mi
3/10
Leo Politi Elementary School
Public,•K-5•0.5mi
3/10
Los Angeles Elementary School
Public,•K-5•0.6mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.7mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.7mi
8/10
Hoover Street Elementary School
Public,•K-5•0.8mi
3/10
Macarthur Park Elementary School For The Visual And Performing Arts
Public,•K-5•1.1mi
2/10
Tenth Street Elementary School
Public,•K-5•1.2mi
5/10
Vermont Avenue Elementary School
Public,•K-5•1.2mi
4/10
Norwood Street Elementary School
Public,•K-5•1.3mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•1.3mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•1.5mi
3/10
Berendo Middle School
Public,•6-8•0.1mi
5/10
Pio Pico Middle School
Public,•6-8•1.4mi
3/10
John H. Liechty Middle School
Public,•6-8•1.5mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.9mi
4/10
John Adams Middle School
Public,•6-8•2.2mi
4/10
West Adams Preparatory High School
Public,•9-12•0.6mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.8mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.8mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.8mi
3/10
Belmont Senior High School
Public,•9-12•2.0mi
5/10
Foshay Learning Center
Public,•K-12•2.1mi
5/10
Santee Education Complex
Public,•9-12•2.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.6mi

Price History

Date
Event
Price
12/05/25
Listing
$1,149,000
Condition Rating
Fair
Built in 1910, this property benefits from significant system upgrades including updated electrical, copper plumbing, and tankless water heaters, which are excellent for its age. However, the 'updated' kitchens and bathrooms, while functional with ceramic tile and granite countertops, appear cosmetically dated, likely from 15-30 years ago, and would require further renovation to meet modern aesthetic standards. The presence of window AC units suggests a lack of central cooling, and the 'as is' sale condition implies potential for minor repairs. The property is livable but shows its age through outdated finishes in key areas.
Pros & Cons

Pros

Income-Generating & Versatility: The property features two spacious and identical 2-bedroom, 2-bathroom units, making it ideal for an owner-user, income investor, or developer seeking a multi-unit asset.
Development Potential: Situated on a 6000 sq ft lot with R3 zoning, there is significant potential for the development of additional units or an Accessory Dwelling Unit (ADU).
Key System Upgrades: Important system upgrades including updated electrical, copper plumbing, and energy-efficient tankless water heaters enhance long-term value and reduce immediate maintenance concerns.
Historic Charm with Modern Touches: The property retains its original character with Art Deco fireplaces and craftsman cabinetry, complemented by updated kitchens featuring ceramic tile flooring and granite countertops.
Prime Central Location: Centrally located near Koreatown, public transit, diverse dining options, and major Los Angeles amenities, offering strong appeal to tenants and residents.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4800, other record living area = 2352.
As-Is Sale Condition: The property is being sold 'as is,' which may imply potential for undisclosed issues or required repairs/upgrades at the buyer's expense.
Development Verification Required: While R3 zoning offers potential, buyers are explicitly advised to verify specific building options with the City of Los Angeles, adding a layer of due diligence and uncertainty.
1031 Exchange Requirement: The buyer's cooperation with a 1031 exchange could introduce additional transactional complexities or specific timing requirements.

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